When we are presented with an ambiguous image, what we perceive can depend on the context. Some neuroscientists see this as evidence that the brain assembles its perceptions from the top down using predictions about what it expects.
The smart order routers analyzes multiple trading venues to determine the best available prices and liquidity.
Based on the analysis, the smart order routers makes decisions on where to route the order to achieve the best execution.
Smart order routers have the capability to dynamically adjust their routing decisions in real-time as market conditions change.
In many cases, smart order routers are integrated with algorithmic strategies. These algorithms dynamically adjust their strategies based on market movements.
Smart order routers also need to comply with regulations, such as best execution requirements.
