TradingScreen Clears CFTC's FX Mid-Point Pricing Hurdle

Meeting the new requirement well ahead of deadline ensures no additional costs or delays for TradingScreen's users, and the newly-supplied mid-point information, to be calculated by either TradingScreen or directly supplied by brokers, will be doubly useful for transaction cost analysis (TCA), as well.

"The new Dodd-Frank requirements add a great deal of transparency and insight into foreign exchange trading," says Jon Fatica, the platform's head of analytics. "The mid-point price information makes our current transaction cost analysis platform even more valuable, helping traders identify lower-cost execution venues and increase alpha."