Shaking Up Transaction Cost Analysis

The industry has reached a point where about 90 to 95 percent of buy-side trades make use of TCA and most of them use it on a daily basis, according to Laurie Berke, a senior consultant with the Tabb Group who moderated a panel during the inaugural Best Execution conference hosted by DWT and sibling publication Buy-Side Technology. "Some of them do so as part of their trading lifecycle where they use the feedback from their post-trade TCA to help them figure out how to trade better," she

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