May 13, 2016
Sell-side brokers, asset managers and institutional investors are all increasingly using transaction cost analysis to reduce costs and improve regulatory compliance. Global Investor’s Paul Golden investigates
FlexTrade’s Andy Mahoney, Director of Business Development, provided some commentary for the piece.
From the article:
Additional benchmarks are being introduced and the requirement for more accurate time-stamping in MiFID II will provide for more granular analysis of trading data, such as how the market looked when the order was placed, which can be used to try to understand market impact adds Andy Mahoney, director of business development at FlexTrade. “We perform quite a lot of data scrubbing and also some data interpolation to ensure that there is a consistent view across venues and brokers,” he says.