RBC Capital Markets, THOR, Improved Execution Quality With RBC’s Smart Order Routing Technology, here. There is a patent – Synchronized processing of data by networked computing resources, here filed 14 Nov 2012.
High-frequency trading has changed the face of global electronic trading. Clients are increasingly frustrated by disappearing liquidity, low fill rates, and high trading costs.
THOR is RBC’s smart order routing technology, designed to improve execution quality, minimize latency arbitrage and control trading costs.
THOR interacts seamlessly with RBC’s streamlined algorithm suite, as well as DMA orders, Cash Desk and Program trades.