Comparisons
4 side-by-side analyses of execution models, routing types, and liquidity sources.
NDD (No Dealing Desk)vsDealing Desk
NDD vs Dealing Desk
The fundamental distinction between pass-through and internalized execution models.
10 dimensions compared
A-BookvsB-Book
A-Book vs B-Book
How external hedging differs from counterparty internalization and what it means for traders.
8 dimensions compared
Composite LiquidityvsDirect LP
Composite Liquidity vs Direct LP
Blended multi-LP pricing versus single liquidity provider connections.
8 dimensions compared
Smart Order Routing (SOR)vsSingle-LP Routing
SOR vs Single-LP Routing
Smart multi-venue routing compared to direct single-provider connections.
8 dimensions compared