Thomson Reuters has enhanced its execution management system on its financial flagship desktop product, giving REDI users access to the Rules-Based Order Routing (RBOR). The new multi-asset, global-based feature gives traders the resilience to automate workflows in a customizable and cost-efficient way.

The RBOR is an order routing process in which an order is routed to various execution facilities based on fixed, predetermined rules for how to handle the order. It was designed to help traders benefit from cross-asset trading opportunities as well as accessing new markets and new algo trading strategies.

This functionality also lets users define the parameters to ... (read more)