Smart Order Routing to Exceed $1 Billion in 2010, Aite Says

A new report from Aite Group, based on a survey of 18 smart order routing providers and users (including including brokerage firm providers BNY ConvergEx, Goldman Sachs, Instinet, Knight Direct, BofA Merrill Lynch, SunGard Assent and UBS; CEP providers Aleri, Progress Apama and Streambase and trading technology providers (FlexTrade, Lava, Marketcetera, QUOD Financial, RealTick, smartTrade, SunGard Global Trading and ULLINKas), finds that demand for smart order routing will exceed $1 billion in 2010...