Your copy of Advanced Trading's July digital issue is
available for download. This special edition of Advanced Trading
takes an in-depth look at the evolution of transaction cost analysis
from a buy-side compliance tool to an alpha-preservation necessity. In a
more frenetic market, buy-side traders are seeking a new TCA tools that
can monitor the performance of algorithms in real time, accurately
predict the cost of accessing liquidity, select the best algos and
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In This Issue:
- TCA at Warp Speed: Preserving Alpha in Real Time — As volatility in the equity markets continues to accelerate, the buy side is adopting more sophisticated transaction cost analysis tools to monitor and fine-tune its trading strategies intraday. While TCA has long been a necessary buy-side compliance tool for proving best execution, it now is gaining momentum as an alpha preservation tool.
- Transaction Cost Analysis for the Back Office? With the surge in algorithmic trading, buy-side firms are generating an exponential number of trading tickets, driving up their clearance and settlement costs. One technology provider claims brokers and buy-side firms can use its software -- which it describes as TCA for the back office -- to significantly reduce the costs of multiple custodial deliveries.
- TCA Moves Beyond Equities: Regulatory pressures and a lack of trust between the buy and sell sides is driving demand for transaction cost analysis in the fixed-income and foreign exchange markets.
- Exclusive Directory of Transaction Cost Analysis Providers: Our latest trading tech directory features more than 20 top TCA providers, including what's behind their broker execution measurements and details on the frequency of their data collection and analysis.
Accelerating TCA at the Moment of the Trade
Q&A With SJ Levinson & Sons' Matthew Celebuski
Demand for Fixed-Income TCA on Rise
New Platform Helps Buy Side Measure Impact Costs