Trading is often regarded as a basic, short term largely intuitive activity where performance improves through experience and growing familiarity with different brokers, markets and securities. However, leading clients of GSCS have realised that the old models are changing and the skills required of a successful buy- side trader are evolving. One driver is technology which facilitates different ways of handling orders, whether through direct market access, algorithmic trading, crossing etc.

Firms and individuals also increasingly recognise the value of learning from others who face similar challenges. For this reason GSCS actively promotes dissemination about performance of brokers and markets as seen in the GSCS Universe. GSCS also actively seeks to engage academics working in this growing field of activity where a number of new statistical techniques and behavioural science applications are being brought to bear on securities trading.

GSCS firmly believes that no one has a monopoly of wisdom when it comes to transaction measurement and analysis. By encouraging access to data and academic papers that may be of interest GSCS hopes to promote an increasingly professional approach to trading cost analysis.

Transaction cost management - History and philosophy

GSCS Universe

Transition management