IHS Markit
Futures Transaction Cost Analysis Tool Overview
Pages
2
Time to read
5 mins
Publication
Language
English
Pages
2
Time to read
5 mins
Publication
Language
English
This technical report details the features and capabilities of a Futures Transaction Cost Analysis (TCA) platform designed to enhance execution quality management and reporting in trading. The platform addresses the complexities of measuring and managing trades in accordance with evolving market practices and regulations such as MiFID II, which have increased scrutiny over best execution practices. The report outlines the platform's ability to provide empirical performance data, enabling users to analyze trading metrics across various instruments and exchanges, including parent and child orders. It emphasizes transparency and compliance with best-execution obligations through automated reporting, which meets stringent monitoring and management requirements. Additionally, the report discusses the platform's multi-region coverage and its capacity for granular analysis of trading activities, including slippage assessment and order strategy optimization. Overall, the document provides a comprehensive examination of the functionalities and applications of the Futures TCA platform for trading clients.