Analysing TCA

Existing practices for transaction cost analysis (TCA) may be letting institutional investors down as they don’t help them to improve and adapt their trading process, according to Tom Doris, CEO of data analytics provider OTAS.

“In the past, the buy-side had relatively little data available to them, but it was informative data they could use to support trading and investment decisions. Today, the volume of data has increased massively, but unless you take control of it then it’s just numbers,” Doris explained.