CODA Block is a unique facility for executing large orders, with true price discovery in a single transaction. Users can initiate an auction on demand, summoning aggregated buyside and algorithmic liquidity without revealing the direction or size of their trading interest.
CODA Micro is a user-initiated sub-second auction that transacts against aggregated buyside and algorithmic liquidity at or within the National Best Bid or Offer (NBBO). The facility allows users to transact at better prices than the market is posting without revealing the direction or size of their trading interest.
CODA FLARE gives users access to liquidity wherever it resides, in or out of the CODA marketplace. User specifications and advanced analytics can route unfilled parts of orders for best execution nationally.
CODA Pulse provides customized user alerts to maximize opportunities for large size execution on CODA Block.