[This message was posted by Tony M of <[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/68636250 - 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 Thanks Anand. [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.
