Quod Financial, a provider of trading execution technology, has pre-loaded its Adaptive Smart Order Router with a library of trading algorithms for better execution and lower market impact, the company said today.
By combining the trading and liquidity seeking algorithms, Quod’s Adaptive Smart Order Router “hunts lit and dark liquidity to maximise fill rate and makes real-time decisions to reduce market impact,” said Ali Pichvai, CEO, Quod Financial.
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