TradingScreen rolls out Real Time TCA

by Adil Siddiqui
TradingScreen rolls out Real Time TCA

With Liquidity flowing into to FX costs are being reduced as more and more venues compete for business. New technologies are being used to manage these costs to enhance firms experiences; TradingScreen the independent provider of liquidity, trading and investment technology via SaaS, has announced the launch of its real-time transaction cost analysis (TCA) tools for multiple asset classes, including foreign exchange.

The new functionality provides trader-optimized graphical monitoring of executions for large orders, particularly when algorithms are used. Traders now have tools that help control costs in a trading environment with fragmented liquidity, as well as provide ability to manage adverse market moves in a single security or across whole asset classes.

The new offering also includes 'Tree Map', a heat map representation of TCA-related data.

"The introduction of these trader-optimized tools is a huge step forward in functionality, and will have an immediate positive impact on our clients' trade performance," said Jon Fatica, Head of Analytics at TradingScreen. "Real-time TCA helps traders identify trading venues and strategies for efficient execution at the lowest possible cost. Also, as more and more traditional and alternative asset managers start trading across asset classes and geographies, this functionality will provide an early warning system for rapid, adverse market movements."

"This new platform enables traders to have more control when faced with fragmented liquidity, resulting in more effective trading decisions," said Philippe Buhannic, Chief Executive Officer of TradingScreen. "TradingScreen's focus has always been multi-asset class, and we continually strive to add more actionable insights to our interface in the form of analytics. Our real-time TCA is a natural extension of these two strategies, and delivers unique value for our global client base."

With Liquidity flowing into to FX costs are being reduced as more and more venues compete for business. New technologies are being used to manage these costs to enhance firms experiences; TradingScreen the independent provider of liquidity, trading and investment technology via SaaS, has announced the launch of its real-time transaction cost analysis (TCA) tools for multiple asset classes, including foreign exchange.

The new functionality provides trader-optimized graphical monitoring of executions for large orders, particularly when algorithms are used. Traders now have tools that help control costs in a trading environment with fragmented liquidity, as well as provide ability to manage adverse market moves in a single security or across whole asset classes.

The new offering also includes 'Tree Map', a heat map representation of TCA-related data.

"The introduction of these trader-optimized tools is a huge step forward in functionality, and will have an immediate positive impact on our clients' trade performance," said Jon Fatica, Head of Analytics at TradingScreen. "Real-time TCA helps traders identify trading venues and strategies for efficient execution at the lowest possible cost. Also, as more and more traditional and alternative asset managers start trading across asset classes and geographies, this functionality will provide an early warning system for rapid, adverse market movements."

"This new platform enables traders to have more control when faced with fragmented liquidity, resulting in more effective trading decisions," said Philippe Buhannic, Chief Executive Officer of TradingScreen. "TradingScreen's focus has always been multi-asset class, and we continually strive to add more actionable insights to our interface in the form of analytics. Our real-time TCA is a natural extension of these two strategies, and delivers unique value for our global client base."

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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