Dutch company The Order Machine (TOM) has chosen QuantHouse to power its smart order router (SOR) solution, Finextra reports. Powered by Quanthouse, TOM’s SOR, TOM Smart Execution will provide retail banks and brokers with MiFID-compliant, best execution equities and also derivatives in the near future.
QuantHouse will provide TOM with real-time market data feeds from the European trading venues. It has access to more than 15 global data centers, 45 direct exchange connections and more than 90 total exchange data feeds which assist clients in all types of securities trading.
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