The Tactical Hybrid Order Router is an electronic trading platform that delays large orders on purpose so that scalpers cannot take advantage of it. Allen Zhang and Brad Katsuyama created the platform whilst working at the Royal Bank of Canada.
Most of the time a large order cannot be fulfilled by a single stock exchange. It has to go through different stock exchanges. Scalpers would notice this and buy the stocks on other exchanges using high-frequency trading (HFT). This way they can sell the stocks with profit as soon as the order comes through in its entirety. The THOR trading platform splits large orders into multiple sub-orders and delays these on purpose to make sure they all arrive at the same time at all the exchanges. This prevents scalpers from using HFT trading to profit from the order.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
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