There will be significant improvements in the process and result of TCA & best execution reports.
Clients will be able to compare FX algo providers and strategies.
Aim is to link portfolio-level analytics with routing mechanics, for a full look at investment-process costs.
The future will see more control of data and more sophisticated analytics.
Products enable fixed income and FX traders to manage execution costs and portfolio construction.
TradingScreen notes buy-side quandary of whether to share data with a potential trading rival.
Buy-side firms need more granular analysis across the trade life cycle.
TCA needs to evolve to remain a relevant and reliable tool.
Buy-side traders work best when they have the right tools.