Royal Bank of Canada Taps Vhayu for TCA Initiative
EQUITY TRADING TECHNOLOGIES
TORONTO-The Royal Bank of Canada's (RBC's) Capital Markets division is deploying Vhayu Technologies' Velocity software to power transaction cost analysis (TCA) calculations for its proprietary equities trading desks, officials confirm.
The deployment comes after several RBC clients expressed the desire to capture and integrate U.S. and Canadian equities data received through Reuters Market Data System (RMDS). Clients also wanted to perform real-time analytics and publish the results
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