State of the Trade


In the midst of an economic recession, the state of the trade has never been at a more critical juncture. While there has been a great deal of discussion on dark pools and algorithms, fragmentation and the continued block challenge has had interesting consequences in less publicized areas. Indications of interest (IOIs) appear to be making a comeback while the hunger for real-time transaction cost analysis (TCA) feedback grows in a world of challenging decision making and rapidly moving markets

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