Trade Cost Analysis (TCA) is among the top tools the buyside is using to improve its alpha generation – and trade effectiveness.
So much so, that a new report from market consultancy Greenwich Associates noted that a over 90% percent of equity trading desks actively use transaction cost analysis (TCA) to measure trade effectiveness, identify outliers and to meet reporting and oversight requirements, but leveraging TCA as a real-time source of alpha remains the holy grail.
That’s right, 9 out of 10.
