Mercato takes great pride in seeking best execution for its clients
SmartRoute for Trade Execution and Quality
Our SmartRouting system searches for the best firm stock, option, and combination prices available at the time of your order, and seeks to immediately execute your order electronically
Optimal Price Execution
Unlike other smart routers, SmartRouting never routes and forgets about your order. It continuously evaluates fast changing market conditions and dynamically re-routes all or parts of your order seeking to achieve optimal execution and maximize your rebate.
Independent Order Entry
SmartRouting represents each leg of a spread order independently and enters each leg at the best possible venue.
SmartRouting AutorecoverySM re-routes your U.S. options order in the case of an exchange malfunction, with our clearing firm undertaking the risk of double executions.
Large Volume Price Improvement
To help provide price improvement on large volume and block orders and to take advantage of hidden institutional order flows that may not be available at exchanges, Mercato includes eight dark pools in its SmartRouting logic.