Please be advised that effective tomorrow, Wednesday, March 13, 2019, traders will have access to a new route on the US OTC market: Cuttone’s (CUTN gateway) Smart Order Router “PINKBULL”.
Cuttone will also publish data and analytics to TIP for color on intraday market statistics in the OTC universe.
Orders sent through this route will access eight liquidity destinations, three of which are lit, and five of which are dealers. The route will seek price improvement over customer limits, when available.
To use the order, you can open Keyboard Setup, select the “OTC Pink” market, the “CUTN” gateway, and the “PINKBULL” destination, and then configure the order types you want to use.
The fee for this route will be 0.0045 per share.
For more information, you can refer to the Order Type Reference Guide and the Fee Table, both available on the Knowledge Base.
If you have any questions or comments, you can create a mojo.