Options Insider’s Mark Longo had special guest co-host Peter Maragos, CEO of Dash Financial Technologies, in to discuss smart order routing in options. They also discussed:
- When Peter was last on Dash had just acquired the LiquidPoint business from Convergex with the help of private equity firm GTCR. Now they’ve just partnered with Flexpoint Ford, another PE firm. What was the impetus behind the second transaction?
- Dash has an impressive suite of diverse products and services – smart order routers and algos, the Dash360 analytics platform, trading workflow tools, an options ATS and even human traders. What are the upcoming projects/initiatives at Dash?
- Peter’s views on crypto trading.
Hot Topics in Tech: Smart Routers
- Today’s topic was inspired by the following listener question: Question from See16: Can you please do a deep dive into smart routers on a future program? They are the secret sauce of the market these days but no one really seems to understand how they work. Shedding some light on the otherwise dark world of routing would be a great service. Smart Routing Deep Dive: Quite a few things happen after you hit the trade button in the options market – probably much more than most people realize. Your order has to get routed from your broker/execution platform to the exchange. But it’s not a simple path. That’s where smart routers come in. What is a smart router? What do they do? What makes them smart?
To listen to the full interview, click here.