Overview
ModelRoute is an order submission platform for equity options that links the Buy Side with multiple liquidity destinations including broker/dealer desks and exchange execution engines.

ModelRoute’s comprehensive suite of order types enables you to formulate both simple and highly sophisticated strategies that you can then turn into electronic orders. Thus, you preserve the integrity of your orders and realize the myriad benefits of electronic submission.

ModelRoute Direct is the only equity options order submission platform that supports Dynamic Limit Order (DLO)-DMA. With ModelRoute Direct you can route orders through subscribing members of an exchange. ModelRoute Direct continuously monitors the options tape to determine if the order’s dynamic limit price is converging with the market price. If convergence occurs, ModelRoute Direct routes the order to the exchange for execution.

ModelRoute solutions optimize execution performance while minimizing the time required to formulate, submit, manage and record trade executions.

 Download the ModelRoute brochure.