Improved execution quality with RBC's smart order routing technology
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 patented smart order routing technology, designed to improve execution quality, minimize latency-based information leakage and control trading costs.
THOR interacts seamlessly with RBC’s streamlined algorithm suite, as well as DMA orders, Cash Desk and Program trades.
THOR has been patented by the U.S. Patent and Trademark Office. Corresponding patent applications have been filed in other geographies including Canada, Australia and the European Union.