Order Flow
Without Market Noise
When an institutional participant buys 1,000 contracts at once, the exchange fragments this volume into hundreds of tiny prints of 1–2 lots. In a standard tape, this looks like a chaotic stream of small numbers. Smart Tape automatically pieces these prints back together into the original single large order, showing you the true reconstructed size of the execution.
Analyze aggregated information regarding the true volume of the original orders instead of a fragmented print stream. Filter out noise and focus exclusively on transactions of interest with the real-time charting software.
Easy-to-Read Tape
Forget unreadable streams of digits. The module structures transaction flow into a clean table: it clearly separates buys and sells, logs timestamps down to the millisecond, and displays accumulated volume so you can read the market context instantly.
Flexible Volume Filtering
Tailor filters to your analysis style: you can hide retail noise and keep only anomalous institutional volumes on the screen. Highlight key trades with custom colors or audio alerts.
Aggression
Speed and Direction
Evaluate market dynamics by the speed of incoming prints. The tape clearly highlights the dominance of market buys or sells (Ask/Bid), showing you exactly which side is aggressive and pushing price in real time.