You can define event-specific directives for contracts routed through SmartRouting such as excluding quotes, setting a price cap by defining the acceptable distance from the NBBO, and specifying a strategy for non-marketable orders.
To modify SmartRouting functionality:
- Open Global Configuration.
- From within Mosaic, use the File menu; from within Classic TWS, use the Edit menu;
- Click Smart Routing in the left pane;
- Use the right panel to set the parameters.
More information on SmartRouting configuration can be found in our Users' Guide.