South Korean Fragmentation Pushes Koscom to Turn to SmartTrade for Smart Order Routing
With the expected amendment of the Capital Market Consolidation Act, Alternative Trading Systems (ATS) will soon emerge in South Korea, implying a better quality of liquidity available, but also new technical challenges for smart order routing and aggregation.
"With the adoption of ATS, best execution will be key for the industry and we need a flexible, open and scalable solution which can evolve with us," says Koscom CEO and president Woo Joo-Ha. "SmartTrade's smart order routing unique design
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