THE TRADE. Tech Update: InfoReach releases 'new approach' to TCA
Apr 10, 2013
Trading technology provider InfoReach has
launched a service that integrates pre-trade and historical
transaction cost
analysis with real-time analytics to predict market impact and opportunity costs for
moment-by-moment market conditions.
The Second Opinion
service has been designed to integrate with any trade execution system,
and it
calculates pre-trade analysis then monitors real-time markets and informs traders of any changes to
pre-trade assessments.
"Most available pre-trade services do not factor in real-time market adjustment because they do not
expect traders to re-upload the residuals of their trades during the course of the trading day. As a
result, the pre-trade analysis remains the same regardless of whether traders are done with half of
their trades or if they upload their portfolios at noon," said Allen Zaydlin, CEO, InfoReach.
http://thetradenews.com/newsarticle.aspx?id=6442451810
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