Quod Financial Ltd
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LONDON | PARIS | DUBAI | HONG KONG | NEW YORK

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TCA and Best Execution Reporting

TCA and Best Execution Reporting



 
A real-time Analytic/TCA solution enables you to monitor your execution performance in a fragmented, highly competitive market and comply with stringent regulations.

Quod Financial TCA (AEP) gives post-trade and instantly exploitable pre-trade analysis of executions for clients, traders and quants.

AEP TCA / Analytics manages the complexity of big data which is near or real-time for actionable decisions. The powerful dashboard is the best tool for monitoring your overall trading and understanding every single order execution:


  • Order by Order
    • Order lifecycle in descriptive plain English audit trail
    • Detailed and step-by-step decision- making process + Context of each decision (e.g. market snapshots)
    • Attached relevant benchmarks, such as Slippage, Calculated VWAP and Spread-capture, to determine the execution performance
  • Global View
    • Venue latency
    • Venue hit ratio
    • Rejection rate
    • Spread / Spread capture
    • Broker algorithm performance monitoring
    • Venue toxicity

TCA / Best Execution Report

For intelligence-building and compliance

TCA / Best execution and Benchmarking are critical for regulatory reporting. Quod AEP uniquely provides the intelligence to immediately use analysis for real-time trading, as well as viewing overall execution performance.

  • Receive benchmarks and 3rd party reference data
  • Seamlessly integrate external and 3rd party information, both to provide report benchmarks, and also to export TCA data to other providers.
  • Our persistent data store has full access to data via ITK, FIX and API.

TCA and Best Execution Reporting


A real-time Analytic/TCA solution enables you to monitor your execution performance in a fragmented, highly competitive market and comply with stringent regulations.

Quod Financial TCA (AEP) gives post-trade and instantly exploitable pre-trade analysis of executions for clients, traders and quants.

AEP TCA / Analytics manages the complexity of big data which is near or real-time for actionable decisions. The powerful dashboard is the best tool for monitoring your overall trading and understanding every single order execution:

  • Order by Order
    • Order lifecycle in descriptive plain English audit trail
    • Detailed and step-by-step decision- making process + Context of each decision (e.g. market snapshots)
    • Attached relevant benchmarks, such as Slippage, Calculated VWAP and Spread-capture, to determine the execution performance
  • Global View
    • Venue latency
    • Venue hit ratio
    • Rejection rate
    • Spread / Spread capture
    • Broker algorithm performance monitoring
      Venue toxicity
TCA / Best Exec. Report: for intelligence-building and compliance

TCA / Best execution and Benchmarking are critical for regulatory reporting. Quod AEP uniquely provides the intelligence to immediately use analysis for real-time trading, as well as viewing overall execution performance.

  • Receive benchmarks and 3rd party reference data
  • Seamlessly integrate external and 3rd party information, both to provide report benchmarks, and also to export TCA data to other providers.
  • Our persistent data store has full access to data via ITK, FIX and API.