ITG Launches Fixed Income TCA Tool

ITG’s new fixed income TCA product is now available for post-trade analysis and reporting, with pre-trade capabilities in development.

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ITG's Kevin O’Connor (right) at the 2014 Waters Rankings

ITG’s fixed income TCA is built on a market data set of more than 10 million daily quotes and trades, including ECN executions, inter-dealer quotes and the Financial Industry Regulatory Authority’s TRACE trade information.

The vendor says the tool provides institutional investors with execution insight to improve fund performance and meet upcoming regulations such as MiFID II’s best execution requirements and the Packaged Retail and Insurance-based Investment Products regime.

“Our fixed income