What Is Exchange-Direct Order Routing in Futures Trading?
Learn how exchange-direct order routing works and how futures traders can access it through both the InsigniaTrader and TradingView futures trading platforms with Insignia Futures & Options.
How Futures Exchange-Direct Order Routing Works
When trading futures, most traders focus on the trading platform, charts, commissions and margin requirements.
Another important part of the trading process is how an order travels from your trading platform to the futures exchange.
Exchange-direct order routing allows a futures order to be routed from the trading platform directly to the futures exchange. With a non-exchange-direct connection, the order is first routed through a third-party data connection before continuing to the futures exchange.
The Key Difference:
Not all futures brokers offer exchange-direct order routing. When comparing futures brokers and trading platforms, consider how your futures orders are routed to the futures exchange as part of your overall evaluation.
Why Order Routing Matters to Futures Traders
Futures markets can move quickly, particularly around economic reports, market openings and periods of increased volatility. The technology used to route your orders to the futures exchange is an important part of the futures trading process.
Direct Exchange Connectivity
Exchange-direct routing connects the order-routing infrastructure directly with the futures exchange rather than introducing an unnecessary additional routing layer.
Efficient Order Transmission
Futures trading requires infrastructure capable of transmitting orders quickly and efficiently to the exchange, particularly when markets are active.
Professional Trading Infrastructure
Order routing is part of the technology behind a futures trading platform and is one factor traders should consider when choosing a futures broker.
Each part of the trading process serves a different purpose. The futures broker provides access and services to the client, while the exchange operates the marketplace and the clearing system manages the financial obligations associated with completed transactions.
Insignia Futures & Options provides CME exchange-direct order routing for clients trading CME Group futures markets.
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Exchange-Direct Routing with Insignia Futures & Options
Insignia Futures & Options provides exchange-direct futures order routing through both our InsigniaTrader and TradingView platforms.
This gives traders the flexibility to choose the trading platform and interface they prefer while still having access to exchange-direct futures order routing.
Choose Your Futures Trading Platform
InsigniaTrader
InsigniaTrader is our professional futures trading platform designed for traders by traders who want speed, flexibility and powerful trading tools in one platform.
Trade with exchange-direct order routing, advanced charting, one-click order entry, customizable order strategies and access across desktop, tablet and mobile devices.
TradingView
Insignia clients can also trade futures using the TradingView platform with access to exchange-direct order routing. TradingView combines advanced charting and technical-analysis tools with a familiar web-based trading interface.
Traders who prefer TradingView can use the platform as their trading interface while accessing futures markets through Insignia Futures & Options.
Two Futures Trading Platform Solutions
Whether you prefer the dedicated futures trading environment of our InsigniaTrader futures trading platform or the advanced charting and interface of the TradingView platform, Insignia Futures & Options provides access to exchange-direct futures order routing.
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Open your futures trading account with Insignia Futures & Options and choose the futures trading platform that best fits your trading needs.
Discover Futures Trading at its Best
Discover Futures Trading at its Best
Important: Exchange-direct order routing is only available for the CME Group futures exchange markets and does not guarantee a particular execution price or trading result. Market conditions, liquidity, order type, internet connectivity and other factors can affect the execution of an individual futures order.