Kathryn Berkow & Suraj Kaul

Understanding and accessing Order Stitching in TCA

May 2024 in Traders Workshops

By Kathryn Berkow, Managing Director and Suraj Kaul, Quantitative Trading Engineer at BestEx Research

Order Stitching can play a significant role in optimizing trading strategies (including FX) and evaluating their performance accurately. In this article we’ll delve into what Order Stitching is and why it’s important, as well as the nuances associated with the calculation of analytics in TCA and how we handle them in our own TCA. What is Order Stitching? Some traders send orders once and let the order finish trading (or not finish trading) according to the execution algorithm’s trade plan. Order Stitching can play a significant role in optimizing trading strategies (including FX) and evaluating their performance accurately. In this article we’ll delve into what Order Stitching is and why it’s important, as well as the nuances associated with the calculation of analytics in TCA and how we handle them in our own TCA. What is Order Stitching? Some traders send orders once and let the order finish trading (or not finish trading) according to the execution algorithm’s trade plan.

Order Stitching can play a significant role in optimizing trading strategies (including FX) and evaluating their performance accurately. In this article we’ll delve into what Order Stitching is and why it’s important, as well as the nuances associated with the calculation of analytics in TCA and how we handle them in our own TCA. What is Order Stitching? Some traders send orders once and let the order finish trading (or not finish trading) according to the execution algorithm’s trade plan.

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