ITG Launches FX Trading Cost Index App

currency
The ITG FX Trading Cost Index Application will provide TCA for 20 currency pairs

The ITG FX Trading Cost Index Application bases its estimates on the intended time of trade and national trade value, and provides daily calculations based on historical costs adjusted for recent trends in cost levels and implied volatility.

"The app is a free and easily accessible reference tool for investors who want to quickly check estimated FX trading costs," says Ian Domowitz, managing director and head of analytics at ITG in a statement.