Refinitiv launches TCA tool for FXall

Refinitiv has launched a new TCA tool, Trade Performance Analytics, on its FXall platform. The new analytics suite is intended to enable users to assess the quality of their historical execution, conduct like-for-like comparisons of liquidity providers and make better-informed trade planning decisions.

Refinitiv launches TCA tool for FXall
Jill Sigelbaum

Refinitiv has launched a new TCA tool, Trade Performance Analytics, on its FXall platform. The new analytics suite is intended to enable users to assess the quality of their historical execution, conduct like-for-like comparisons of liquidity providers and make better-informed trade planning decisions. 

“We developed Trade Performance Analytics to help FXall users gain a better understanding of the transaction costs they incur during the normal course of their daily trading, and enable them to have more meaningful conversations about pricing with their liquidity providers,” said Jill Sigelbaum, Head of FXall. “Trade Performance Analytics differentiates itself by utilising Refinitiv’s powerful FX data to deliver a comprehensive analytics solution that is seamlessly tied to the trading workflow.”

Refinitiv adds that as regulation and heightened conduct standards are driving market participants to pay closer attention to their FX execution, it believes the Trade Performance Analytics solution will bring a greater level of transparency and significantly enhances participants’ best execution processes.