The need for real-time best execution monitoring is greater than ever for both the buy and sell sides. Given the fragmentation of the markets and the complexity of firms’ trading systems, however, integration of monitoring solutions can be a tremendous challenge, acknowledges Robert Cooke, founder and chief technology officer, 3Forge. Further, in today’s data-driven market, the amount of data that must be processed to understand execution dynamics can be overwhelming. Cooke and TABB Group’s Terry Roche, principal and head of fintech research, discuss the data and analytics challenges to monitoring best execution, the types of insight real-time best ex monitoring can reveal, including forward-looking data to inform trading strategies and mitigate system risk, and the technology challenges to achieving real-time monitoring.
Related article: "MiFID II Best Execution Requirements Will Transform Buy Side"
Interviewer: Terry Roche
Source: TABB TV
Categories: Derivatives, Equities, Fintech / Crypto, Fixed Income, Regulatory
Topics: Compliance, Data management, EMS/OMS/Trading system, Equity trading, Fixed Income, IT governance/infrastructure, Market data, Market structure: Exchanges, ATSs, ECNs, Market Surveillance/Technology, Regulations, Risk management, Trade Process Analysis, Trading technology infrastructure, Transaction cost research