Equity Smart Routes |
Description |
Price Improvement? |
Smart Routing |
Various smart routes via multiple executing brokers. |
Yes |
TB Smart Penny |
Smart equity route that allows full pricing and security type flexibility. |
No |
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Option Smart Routes |
Description |
Price Improvement? |
Smart Routing |
Various smart routes via multiple executing brokers. |
Yes |
TB Smart Dark |
Custom smart route that seeks liquidity without displaying to the market. |
No |
TB Smart |
Custom smart order routing sends orders to preferred exchange. Supports Day and
GTC orders. |
No |
TB Swipe |
Sweeps the market and posts residual to most liquid exchange. |
No |
TB Stealth |
Sweeps the market and posts residual without displaying to the market. |
No |
TB Liquidity |
Custom smart route that accesses vast range of liquidity and allows
sub-increment trading. |
No |
TB SmartSweep |
Custom sweep route designed to maximize liquidity while minimizing exchange
fees. |
No |
TB PIP |
Custom smart route designed to seek out and maximize price improvement. |
No |