The following articles are taken from The Trade magazine (http://thetrade.ltd.uk).
Expert Opinion: Taking TCA beyond an equity only mindset
Robert Kay, managing director, GSCS Information Services, examines the factors that will ultimately drive development of fixed income TCA and assesses progress already made towards a working model.
Issue 4
To view the article, click here.
Comparative TCA
A small, highly focused company that has specialised in the areas of transaction cost research, measurement and analysis for more than 10 years, GSCS provides post-trade transaction cost measurement services to investment managers and pension fund clients in the UK and continental Europe.
Issue 5
To view the article, click here.
Best Execution Q3 2005
The data provided by GSCS Information Services is based on its global equity transaction cost measurement universe. This universe incorporates representative transactions from more than 150 investment management companies, using more than 400 institutional brokers. The total number of transactions in the universe grows at a rate of around 4 million per annum across more than 50 countries.
Best Execution Q3 2005
To view the article, click here.
The level best for execution
MIFID's draft "Level 2" implementing measures were released on February 6th. They strive for a clearer view of best execution.
Issue 7
To view the article, click here.
CSAs attract European fund managers
The idea of commission sharing is starting to catch on beyond the markets where regulators have imposed the concept of unbundling.
Issue 8
To view the article, click here.
FSA seeks clarity on best execution
The FSA's discussion paper - CP06/3 "Implementing MIDIF's best execution requirements" addresses the challenges of implementing MIFID's best execution principals and offers insights into execution policies in practice.
Issue 8
To view the article, click here.
Measure for Measure
Buy-side traders continue to question the real value of 'black box' automated trading strategies, how their efficacy can be measured and, most importantly, whose measurements are reliable.
Issue 9
To view the article, click here.
|