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Spoofing, Surveillance and Supervision

Jay Biondo, Product Manager - Surveillance at Trading Technologies, co-authored an article along with James Lundy and Nicholas Wendland, both of Drinker Biddle & Reath LLP, reviewing the CFTC's regulations and expanding efforts, 21st century surveillance and supervision, as well as strategic recommendations.

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January 18, 2011

Ancerno TCA Now Available Via Linedata

By John D'Antona Jr.

Order management system provider Linedata is offering trade-cost analysis to the buyside clients it shares with analytics vendor Ancerno.

By making Ancerno's post-trade TCA available via Linedata's LongView OMS, buyside traders can send data directly to Ancerno via the OMS system.

"Linedata and Ancerno have several clients in common, and the goal was to make our services as turnkey as possible and available at the lowest cost," said Ancerno president James Noser.

He added that both firms' users can access the TCA tools on a common platform and see their results through Ancerno's secure Web site. Trading performance is evaluated as settlement day plus one.

Noser said Ancerno clients using the Linedata OMS--mostly long-only investors and hedge funds--requested the service.

Ancerno's TCA is resold through agency broker Abel/Noser, from which it was spun off in 2007. The cost of the TCA is included in the fee Abel/Noser charges customers for its basic suite of services.

 

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