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Driving effective transaction cost analysis

Transaction cost analysis (TCA) is a critical tool for measuring and optimising trading performance in today’s financial markets. With evolving strategies such as portfolio trading and increasing automation, TCA helps institutional investors adapt to shifting market conditions and enhance execution.

Solenn Maton, senior manager, quant research and Chisom Amalunweze, senior quant researcher at MarketAxess discuss how institutional investors can optimise their execution strategies through TCA, and the key role accurate benchmarks such as CP+, the MarketAxess pricing engine, play in driving more effective TCA.

Key discussion topics:

1:12 – The rising importance of TCA in optimising execution, with tools such as CP+ enhancing institutional trading

3:00 – How TCA tools are adapting to shifts such as portfolio trading and increased automation

5:15 – The need for accurate TCA benchmarks, with CP+ delivering reliable reference data

8:28 – The future of TCA, focusing on real-time analysis and counterparty selection


Read the associated MarketAxess feature, Pre- and post-trade TCA: why does it matter?

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