Best price via disclosed trading questioned – survey
Half buy-side in new survey don’t use TCA, so can’t say with certainty dealing bilateral results in best ex
While many buy-side participants might believe they get best price trading bilaterally with their foreign exchange dealers, a new survey finds that half of them can’t know for certain because they don’t use transaction costs analysis (TCA).
A Greenwich Associates survey of 97 FX investors showed only 47% of respondents use FX TCA. Further, of those who did measure their execution, 22% relied on the venues to provide such reports while 15% put their faith in dealers to do so, rather than relying
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