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Peter Maragos
Traders Magazine Online News

Rebate Debate Misses the Mark

Dash Technologies' Peter Maragos weighs in on the market rebate debate - saying there is nothing intrinsically wrong with rebates, per se. However, there is a problem with the brokerage industry’s dominant fee model.

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Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

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The CFTC will push for regulation

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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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