[ I N D E P T H | T R A N S A C T I O N C O S T A N A L Y S I S ]
“ We ' ve gone from providing TCA because it ' s a need and a requirement for a regulatory purpose , to actually looking at the TCA to drive future trading decisions .”
VICTORIA BRYAN , VICE PRESIDENT , LEAD DATA ANALYST FOR CAPITAL
MARKETS AT NORTHERN TRUST management , and overall market dynamics . TCA offers a sophisticated methodology designed to scrutinise an entire trade journey , from inception to completion , unravelling the hidden costs and opportunities along the way .
Evolution From its nascent beginnings as a rudimentary tool for post-trade evaluation , TCA has evolved into a more sophisticated device , in some cases utilising advanced analytics and real-time data to assess and bolster trade execution . However , reservations about its usage still exist among users .
“ There ' s still this mistrust of TCA [ among traders ] because who ' s to say whether I ' ve done a good job or not ? There are so many different components
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