EliData’s SOR (Smart Order Routing) has been chosen by an important Spanish bank as the system able to guarantee the Best Execution of orders for MiFID II purposes on the regulated and MTF markets.

The SOR module is the solution developed with MiFID I and updated to be compliant with MiFID II which allows to implement multi-execution strategies and apply rules and weights for routing limited and market orders or immediately executable orders.

EliData’s SOR is a proven system to achieve constant and evolutionary alignment between the Best Execution rules adopted by the bank and / or Broker and the STP market execution rules, differentiating the BE adopted by single customer, by type or size of the order, by market.

A solution that demonstrates to be fast, safe and highly configurable to meet every customer expectation.