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"Direct Access" is commonly used to describe the
ability of individual traders to select which specific
market place they route their orders (e.g. ECN, SuperSoes,
Market Maker or Exchange). In today's fragmented market,
stocks can be simultaneously quoted in multiple locations
at different prices. Our direct access trading platform
enables you to decide where you route your orders
to obtain the best price and/or the fastest execution.
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Unbiased Routing
We believe the interest of the client should always come
first. Using direct access, all order routing decisions
are handled on an order-by-order basis in a completely unbiased
fashion. Unlike many online brokers, your orders are not
"sold" to market makers.
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Order
Routing Available
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| ISLD |
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Island ECN |
| ARCA |
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Archipelago ECN |
| INCA |
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Instinet ECN |
| GNET |
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GlobeNet ECN |
| ATTN |
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Attain ECN |
| BTRD |
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Bloomberg ECN |
| SOES |
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Small Order Execution System |
| DOT |
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Listed orders |
| ISI |
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Listed orders |
| ADP |
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Option Trading |
| SAGE |
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Option Trading |
| O.E.S. |
- Order Execution Services L.L.C. |
| SNET |
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SelectNet (access to BRUT, NTRD and MKXT ECNs). |
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| Proprietary
Hot Key Smart Order Routing |
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