Smart Order Routing

Adopting effective instruments which allow an easy interaction with the different Trading Venues become a winning arm for all intermediaries which wish to compete in the international trading scenario.

MiFID directive regulates and harmonizes at European level the trading of financial securities and offers to investors a higher level of safeguarding, assuring the execution of orders with the best possible conditions for customers (Best Execution). The adaptation to the new regulation implies for financial institutions the introduction of important technological changes.

So adopting instruments which implement the new regulatory obligations and which allow to develop the new business opportunities becomes of primary importance.

TAS systems, already in use in the main Italian banking groups, assure, even through its extreme modularity and flexibility, the access to the main international markets and Brokers and to the main international Order Routing circuits as well as the efficient the Best Execution research.

TAS also offers an efficient order routing circuit (HUB-TAS) already connected with the main Italian and European Brokers that allows sending and receiving orders for the main international markets de-coupling the communication protocol by the associated financial services.

Smart Order Routing solutions provided by TAS are optionally available in full outsourcing at our datacentres in Milan and London through the Plug & Go service.