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BestXek SOR & Block Order Trading
BestXek™: Smart Order Routing, Execution Quality Analytics and Liquidity Discovery Solution
BestXek™ is a low latency execution venue selection solution that allows institutions to select the best venue for trade execution at high speed, using built-in and extendible algorithms. The solution, BestXek™ Smart Order Router (SOR), captures the complete execution strategy of a broker or its client and delivers order for execution to venues at ultra high speeds – below 5mS under normal market and preference conditions. This enables institutions to meet priorities such as minimizing market impact and costs, maximizing spreads and rebates, and effecting market prices as little as possible.
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BestXek™ belongs to the TradeXek suite of products for Capital Markets. TradeXek products suite is an extensive portfolio of products in areas such as Smart Trade Execution, Trade Processing Systems, Risk Management and Master Data Management.