Blackshades Blackhat Stock Trading Smart Routing | Trading Lingo

Smart Routing | Trading Lingo

Smart Routing | Trading Lingo

stonks
Member
93
05-18-2025, 03:32 PM
#1
Most brokers offer smart routing. Instead of asking you to direct route your order, they will choose the route they feel is best. If they have arranged a discounted rate with a certain broker, they may use that route as a preferred route. They may also see if they have shares available from traders inside the firm before routing your order out to the “island”. This may not always be in the best interest of the trader. For that reason, I choose to not use smart routing, and instead direct route my orders.
stonks
05-18-2025, 03:32 PM #1

Most brokers offer smart routing. Instead of asking you to direct route your order, they will choose the route they feel is best. If they have arranged a discounted rate with a certain broker, they may use that route as a preferred route. They may also see if they have shares available from traders inside the firm before routing your order out to the “island”. This may not always be in the best interest of the trader. For that reason, I choose to not use smart routing, and instead direct route my orders.

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