Despite buy-side citing use of transaction cost analysis (TCA) as a larger focus post-MiFID II, Citi's market structure head for EMEA says the bank is actually seeing the converse in action.
Speakers at TradeTech FX USA told delegates that traders would be empowered if ‘in-flight’ TCA could flag when trades aren’t going as planned.
FXall has added Trade Performance Analytics for assessing historical trade data to help meet best execution requirements.
BNP Paribas buy-side clients to receive independent transaction-cost analysis through Itarle Vision platform.
TradeTech FX Europe panellists discussed the increasing adoption of algorithms in FX markets, although uptake has been slow.
Speakers at this year’s TradeTech FX conference in Barcelona pour cold water on order routing automation.
State Street makes another move into front office trading technology with acquisition of FX TCA provider BestX.
BestX adds another major investment banking client as Societe Generale signs up for its FX TCA.