Selero: Solutions: Intermarket Sweep Orders


	Overview

	Smart Order Routing

	Reg NMS

	MiFid

	Best Execution Obligation

	Integration Software

	Fix Engine

	Order Routing Network

	Solutions : Intermarket Sweep Orders

Download ISO white paper

Download ISO data sheet

A major component of Selero Smart Order Routing and Best Execution Technology (SORBET) performs over twenty Intermarket Sweep Orders (ISOs) according to trader controlled parameters. In addition, while there are distinct differences between the protected markets and dark pools, many ISO routing processes are equally relevant to spraying dark pools.

The specific ISO capabilities of Selero SORBET include trader control over:

What to sweep: Best Market, Total Market, Dark Pools
Sweep frequency
Term of sweep
Final step, e.g. cancel, post, cross
Customer preferences

These capabilities can be combined with other routing strategies to create hybrid routing processes to achieve best execution for customers and to maximize profits.

To read more about Selero's approach to Intermarket Sweep Orders, click to download the White Paper: Intermarket Sweep Orders and the Quest for Liquidity.

To read more about the full range of capabilities provided by Selero SORBET click here.

Download ISO Data Sheet in printer-friendly PDF format

Solutions : Intermarket Sweep Orders