What is the "Best Price" algo?
The "Best Price" algo is Cove's smart order router. The algo will route the order to the exchange with the best available price at the time of order submission, for the exchanges that the user has API keys configured. It is invoked automatically when a user selects "ALL" as the exchange in the "Exchange" drop down of the Trading widget, as seen below:
NOTE: Users need to have enabled API keys for at least two exchanges for the "ALL" option to show up.