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.
Streaming blocks change the basis of matching and price discovery so institutions can find new liquidity.
Concerns have been expressed around the value of these reports.
Innovation in displayed markets is important as off-exchange volumes are rising.
The new service will help improve execution quality assessment across brokers.
There will be significant improvements in the process and result of TCA & best execution reports.