Topic Hubs
5 in-depth guides connecting related terms into comprehensive narratives.
NDD & A-Book Execution
How No Dealing Desk brokers route orders externally, the A-book model, and why it eliminates conflicts of interest.
5 sections8 key terms
Order Routing & Smart Order Routing
The technology behind intelligent order routing, SOR algorithms, and how they achieve best execution.
5 sections6 key terms
Slippage & Fill Quality
Understanding slippage mechanics, fill ratios, partial fills, and their impact on execution costs.
5 sections7 key terms
Liquidity & Aggregation
How brokers aggregate liquidity from multiple providers to offer competitive pricing and deep order books.
5 sections6 key terms
Execution Quality Metrics
Key metrics for evaluating execution quality: latency, fill ratio, slippage distribution, and best execution scores.
5 sections8 key terms