[This message was posted by Anand Mody of Edelweiss Capital <[email protected]> to the "India" discussion forum at http://fixprotocol.org/discuss/54. You can reply to it on-line at http://fixprotocol.org/discuss/read/d645613b - PLEASE DO NOT REPLY BY MAIL.]
> Indian regulatory authorities have introduced SOR i.e Smart Order Routing > concept in Indian Cap Mkts recently. > Is there any conceptual difference between SOR and Exchange Neutral order > which is recognised worldwide; or both are same? > > Thanks in advance. > Tony. > hi tony, conceptually they both mean Exchange neutral orders (ENO). but smart > order routing is more to do with algorithmic trading and needs more data / > feeds and has more regulatory angles attached to it. when we say ENO its a single order excuted on multiple exchanges manually / automated. Smart order routing can not be manual and has to be automated. hope this clarifies the things. Thanks, Anand Mody > [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] -- You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=en.
