Trading Screen to enhance pre-trade decision suite

Trading Screen is planning to deploy an enhanced set of multi-asset class pre-trade models and the addition of a set of best execution centric dashboards highlighting historical performance of brokers, algorithms, and venues.

Trading Screen to enhance pre-trade decision suite

Trading Screen is planning to deploy an enhanced set of multi-asset class pre-trade models and the addition of a set of best execution centric dashboards highlighting historical performance of brokers, algorithms, and venues. Integral to this roll out are the tools that aid in best execution compliance, in particular the ability to quantify broker algorithm performance using a single and fair methodology. Trading Screen is offering buy-side clients the capability to review all of the algos that their banks may offer them in an unbiased systematic way using transparent methodology in compliance with OpenTCA guidelines, the trading performance analysis standard. TradingScreen’s best execution tools enable users to fairly assess the most suitable broker, algo or venue for a particular trade, monitor its in-trade performance and follow-up with additional post-trade reports. “This is part of a wider release that we are bringing to market,” explains Philippe Buhannic, the firm’s founder and CEO, “which will cover pre-trade, in-trade and post-trade across all asset classes: equities, futures and options, fixed interest as well FX. We expect to formally launch this in the next few weeks.”