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Exchange8:SOR — smart order routing

The smart order router: it routes orders to external venues and home again — consuming routing requests, resolving venue destinations, executing, consolidating fills, and re-posting to Exchange8:ME so the home market sees the full picture.

Use cases​

  • External venue execution — an order routes to the best venue per the configured strategy; fills return as consolidated events.
  • Home re-posting — external executions re-post to the ME so Clearing, Regulatory, and Surveillance see one unified event stream.
  • Venue state supervision — venue sessions, health, and entitlements managed with the same certificate identity as every other edge.

Full documentation​

The complete detail lives in this product's sub-pages:

  • Architecture (DDD) — the full document, harvested from the unit's repository at build time.
  • Business rules (BRD) — the full document, harvested from the unit's repository at build time.
  • Security — the full document, harvested from the unit's repository at build time.
  • Overview (repo README) — the maintainer's README in the consolidated reference section.