TradingScreen launches transaction cost analysis tool
TradingScreen has announced the launch of a real-time transaction cost analysis tool for multiple asset classes, including foreign exchange.
Users can track order execution graphically, includnig a heat map representation of transaction costs, while traders can use the tool to better control costs where liquidity is changing and they face particular market movement.
Jon Fatica, head of Analytics at TradingScreen, said: “Real-time total cost analysis helps traders identify trading venues and strategies for efficient execution at the lowest possible cost. Also, as more and more traditional and alternative asset managers start trading across asset classes and geographies, this functionality will provide an early warning system for rapid, adverse market movements.”