ITG Introduces TCA for Forex Traders

Agency broker and technology provider ITG has launched ITG TCA, a transaction-cost analysis product for the institutional foreign exchange market. According to ITG, the new offering "leverages the richest data set available in the TCA market", with data from ten providers including a number of the largest FX market-makers, ECNs and banks.

ITG TCA for FX measures transactions against tick-level traded rates, indicative rates, fixing rates and the forward-rate curve. ITG claims that the tool enabl

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