Stock routing algorithms

Discussion in 'Order Execution' started by qazmax, Jun 4, 2002.

  1. qazmax


    It seems that brokers always want to handle the stock routing for us. When will a broker make a routing that we can program ourselves. Then when there are thousands of people trying different things, a better way will be determined. Right now there is probably a couple hundred people making all the decisions for the whole country. A few decision makers per broker house.

    1)Flash Primex - zero second auction
    no fill
    2)re-route to SuperMontage
    no fill
    3)route to liquidity tracker - 15 second show
    no fill
    4) turn over to ARCA

    Any thoughts...??