Trade Republic Launches Smart Order Routing Across 30 Exchanges With €1 Settlement Fee

Trade Republic has introduced a Best Price execution algorithm that routes orders across 30 global exchanges while maintaining its low-cost retail pricing model, according to the company. Orders executed through the Best Price algorithm incur a €1 settlement fee, while investors choosing a specific execution venue such as Xetra or Nasdaq can place Direct Orders for €2 per transaction. The update also includes a consolidated order book aggregating liquidity from multiple venues and a new web-based trading terminal for active investors.
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