Compatibility matching prioritizes replacement prices, Mosaic ATS leaves a way out for those outside high-frequency trading.

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CryptoFrontier
Mosaic ATS Launches Compatibility-Based Trading Model for U.S. Equities
Mosaic Platforms has launched Mosaic ATS, a new alternative trading system for U.S. equities built around a compatibility-based interaction model that uses a proprietary framework called MERIT to determine how counterparties match, rather than relying solely on price and time priority. The
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