FX Algo Trends: TCA Poised for Tech Breakthrough

Moderator: moderators

rank: 10000+ posts
rank: 10000+ posts
Posts: 11562
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

FX Algo Trends: TCA Poised for Tech Breakthrough

Postby kreslik.news » Thu Feb 18, 2016 12:00 pm

Creating algos was once the purview of just a handful of banks, but client demand has meant more options coming onto the market. And there’s only one way to figure out which of them are worthwhile – transaction cost analysis (TCA).

At the moment, however, TCA in FX markets is not only in its infancy, but also far more complicated because there is no standard industry benchmark to measure against.

Sang Lee, managing partner at Aite Group, a consultancy, said it’s a ‘by-product’ of the regulatory focus on best execution, as well as banks leveraging electronic execution tools: “They need to ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”