Dynamically routes orders across liquidity providers for optimal fill quality. Less slippage. Tighter spreads. Smarter sourcing — continuously, not statically.
Every order is analyzed, split, and routed to the provider combination that delivers the best execution — in real time.
Order received. Size, instrument, urgency, and constraints extracted. Execution clock starts.
Each provider scored on depth, spread, fill probability, and recent performance. Stale quotes eliminated.
Order split across top providers. Ratio optimized for total cost including market impact. Sent atomically.
Fills confirmed on the settlement layer. Execution report generated. TCA data logged for analysis.
Liquidity routing is an information advantage problem. The router that sees order flow state first can source liquidity before spreads widen. Our validator gives us direct visibility into settlement state changes — not via a feed, but at consensus.
This means we know which providers have capacity, which orders are pending, and where liquidity is thinning — as it happens, not after.
The difference between routing on live state and routing on delayed state is the difference between best execution and acceptable execution. We chose the former.
Network validator. Direct consensus participation. Real-time settlement state.
Multi-provider scoring. Cost optimization. Atomic split execution.
12+ connected liquidity providers. Continuous depth monitoring. Auto-failover.
Transaction cost analysis. Fill quality metrics. Execution benchmarking.
TWAP, VWAP, iceberg, peg. Algorithmic execution with provider-aware logic.
REST + FIX. Order submission, execution reports, analytics. Sub-10ms acknowledgment.
LiquiRoute is available to institutional clients with existing execution requirements. Integration includes provider connectivity mapping and routing parameter calibration.
Typical onboarding: 2–3 weeks. Includes FIX connectivity setup and execution policy configuration.