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Direct Market Access Gateway and Advanced Order Types for Elite Smart Router

Direct Market Access Gateway (DMA Gateway) and advanced order types are now available through Elite Smart Router for Trading API! 🎉

This expansion brings institutional-grade precision to sophisticated algorithmic traders. Now, with our Elite Smart Router, you can gain a new level of flexibility and control over your execution strategy.

Here's how you'll benefit:

  1. Execution Customization: Specify your exchange (NASDAQ, ARCA, NYSE) to support your strategy and help minimize market impact.
  2. Strategic Order Routing: Use VWAP (volume-weighted average price) and TWAP (time-weighted average price) order types to strategically execute orders and achieve desired price averages, removing algorithm complexity. Performance may vary based on market conditions.
  3. Easy Integration: Our Trading API helps make it easier to integrate institutional-level precision directly into your proprietary systems.

This is just the beginning. We're planning to expand our DMA Gateway destinations in the near future, as well as adding PVOL (percent of volume) and mid-point pegged orders to our advanced order type suite.

Discover everything about Alpaca Elite Smart Router: https://docs.alpaca.markets/docs/alpaca-elite-smart-router