Refinitiv Adds Transaction Cost Analysis to FXall Trading Platform

Refinitiv, formerly Thomson Reuters Financial & Risk, has launched analytics for trading performance on its foreign exchange (FX) electronic trading platform FXall, according to a story in The Trade. Known as Trade Performance Analytics, the service provides traders with the ability to assess historical trading data with comparisons of liquidity providers and data visualization technology. Refinitiv said that as regulation and heightened conduct standards evolve, market participants are paying closer attention to their FX execution performance. The TCA tool on the FXall platform was also developed to offer greater transparency and to improve traders’ abilities to meet best execution requirements. The multibank FX trading platform currently has more than 2,300 clients and 180 FX banks and alternative market makers.