TradingScreen Concentrates TCA Efforts on FX Front

Jon Fatica, TradingScreen

There is significant demand for fixed-income TCA, if only the data wasn't of such low quality. The diversity of the asset class, with its huge number of securities, and the fact that yields are more relevant than price, makes it a challenge. So while good fixed-income TCA remains some way off, TradingScreen has focused on FX, which Fatica, the head of analytics, places just behind equities TCA in sophistication. "It's going through the traditional TCA cycle," he says. "People don't understand