In the intensifying regulatory and competitive environment, transaction cost analysis has become an indispensable tool in the buy-side trading arsenal. But the independent TCA providers are struggling, notes TABB Group founder and research chairman Larry Tabb in this week’s video rant. With increasingly complex – and measurable – markets, Tabb looks at some reasons why TCA vendors aren’t gaining traction. He also dives into the order flow segmentation debate. Increasingly, Tabb observes, orders are uniquely funneled to venues engineered for that specific type of liquidity; but is that good or bad for the markets?
Source: TABB TV
Categories: Crypto, Equities, Fintech, Regulatory
Topics: Dark pools, Equity trading, Liquidity management, Market structure: Exchanges, ATSs, ECNs, Market Surveillance/Technology, Trade Process Analysis, Trading technology infrastructure, Transaction cost research