BNP Paribas provides bespoke transaction cost analysis (TCA) on all applicable trades and orders. Analysis is tailored to the needs of the client ranging from single-line orders with individual benchmarks to list-based orders against aggregated benchmarks.
BNP Paribas’s pre-trade analysis utilises sophisticated risk measurements and extensive historical data to advise clients on preferred trading strategies as well as potential challenges.
Asset classes and markets
BNP Paribas’ TCA is available for global equities
BNP Paribas can provide trade-related data to
clients on demand and all data is handled confidentially.
BNP Paribas offers benchmarks, which include VWAP,
open, previous close, day’s close, arrival price, PWP and bespoke benchmarks.
Clients can customise their own pre- and post-trade
reports with an option of breakdown of country, sector, market cap, execution
venue and bid/ask spread. These reports can be sent on demand.
BNP Paribas execution specialists review trade
results with clients periodically based on TCA analysis and help clients
develop appropriate execution strategy based on their specific needs.
BNP Paribas’ pre-trade analysis includes a snapshot
of entire portfolio, graphical representation of weight/cost distribution of
portfolio, comparison of estimated trading costs per trading strategy, and
breakdown per name of costs and optimal trading strategy.
As markets and alternative venues evolve, BNP Paribas will ensure that its TCA products and services adapt to adequately meet its clients’ needs. With the build-out of its futures and listed options business, BNP Paribas will also look into expanding the asset classes it can provide TCA for.