On average, budgets for American and European buy-side trading desks rose by four percent in 2019, and it appears that much of that increase went to spending on technology rather than for hiring staff, according to a recent report from Greenwich Associates, a market research firm. In fact, the research firm found that “headcounts among… Read More >>
How TCA Can Help the Buy Side Too
(The MiFID II reforms across multiple asset classes have caused asset managers across the globe to become more aware of the exacting demands of best execution requirements and thus more aware of the importance of applying transaction cost analysis (TCA) to a trading enterprise. So says Chris Hollands, the head of North American and European… Read More >>
ITG Expands TCA Service to Fixed Income Markets
Independent broker and financial technology vendor, Investment Technology Group (ITG) is expanding its transaction cost analysis (TCA) platform to serve the fixed income market as a way to help industry participants meet best execution and other regulatory requirements for MiFID II and other reporting regimes. The ITG’s new fixed income TCA support provides institutional investors… Read More >>