Smart order routing
Neonet’s Smart Order Routing technology is central to our electronic execution in multiple liquidity pools; based on specific parameters it is constantly aggregating and seeking the best possible execution. We have developed dynamic in-house smart order types and algorithms that are independent of the destination.
Algorithms
Our algos include: VWAP, TWAP, Participate, Dark, Step, FO+, Trigger, Best, Join, Market to limit, Iceberg, Pegged, Hidden, Stop Limit/Stop Loss, Opening/Closing, GTD, GTX, GTT and GTC, Discretionary, Effective Time, Funari and etcetera.
Our own algos are also supported by third parties such as Fidessa LatentZero, InfoReach and Tbricks Genesis.