OpenDoor’s Holden on ‘Best Ex’ Considerations for Traders (VIDEO)
Josh Holden, Chief Information Officer at OpenDoor Securities, talks about what trading and investing firms need to consider with regard to best execution in fixed income.
Holden previously discussed the evolution of fixed income best execution, best execution practices in fixed income, the future of best execution in fixed income trading, and ‘best ex’ in fixed income vs. equities.
Fixed income is behind in automated execution strategies.
It´s about lowering the overall cost of trading.
A single trade can be related to a series of other trades.
It takes more than a TCA report, Clearpool execs note.
Focal point of role has shifted from T&E to TCA.