THETRADETECHFX DAILY from the floor
“ In the end your analysis is only limited by the resources you throw at it and it ’ s really a never-ending quest .”
Even with a robust architecture and a reliable data provider in place , the data must undergo thorough cleaning and mapping to be effectively utilised for meaningful tasks and analysis . This data refinement process is critical to derive valuable insights and optimise decisionmaking . In the end , your analysis is only limited by the resources you throw at it and it ’ s really a never-ending quest .
How does being multi-asset impact your use of TCA ? TCA is a vital task for any trading desk , and in the world of multi-asset trading , it becomes even more intriguing . Each asset class has its own unique quirks and complexities , so we need tailored data analysis processes , benchmarks , and parameters for each one . TCA for FX will be totally different from TCA for cash equities , for example .
To tackle this intricate puzzle , we rely on multiple TCA providers alongside our in-house tools and methodologies . Over the years , we ’ ve put in the effort to select the best benchmarks and practices , shaping an approach that works best for us . At APG , TCA isn ’ t just a regulatory requirement ; it ’ s also a smart way to improve our trading desk ’ s performance and overall efficiency . Think of it as a low hanging fruit and the ROIs are huge .
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