Our existing TCA customers have remarked upon how they now have a heightened awareness of their execution performance and as a result have dramatically improved their execution workflows, trading desk efficiency and productivity. Who would have thought Fixed Income TCA could achieve this?
At TS we believe data is the fuel of effective transaction cost analysis (TCA). Our TCA clients choose their own benchmark data sources.
Tracking execution performance from the moment an order is received, to when it reaches the market and after it is executed. This is the backdrop to TS FI TCA and Best Execution.
Our data analysis includes:
Execution-Benchmark price difference and dollar value
Number of dealers in RFQ
Number of competitive quotes
Divergence of dealer quote from dealer screen price