BestXStats

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BestXStats provides the most comprehensive post-trade execution quality tools available. We assist firms not only in complying with their regulatory obligations, but help firms compete through advanced data mining techniques.

Listing Details

Services
  • SEC Rule 605
  • SEC Rule 606
  • Execution Quality Reporting
  • Peer to Peer Comparison Tools
  • TCA (Transaction Cost Analysis)
  • T+1 Exceptions Reporting
Address
362 W 46 St., New York, NY
Contact Vendor
(646) 202-9414
Updates

BestXStats is Proud to Announce a New Enhancement to Our Platform - the TCA Module

As Best Execution practices have evolved from single transaction analysis surrounding price, to encompassing complex orders, Trading and Compliance professionals alike are seeking to extend their analysis through the use of TCA concepts.

Our Transaction Cost Analysis (TCA) module provides an in-depth selection of benchmarks including:

  • Volume Weighted Average Price (VWAP)
  • Interval VWAP
  • Implementation Shortfall (IS)
  • Time Weighted Average Midpoint (TWAM)
  • Open/Close Benchmarks
  • Price Reversion Benchmarks
  • Pre/Post Trade Analysis

 

Complementary statistics also provide a perspective on trading patterns, algo selection and broker differentiation

The TCA Module has been added to our platform and shares with it our agile and user-friendly model. It is fully customizable and allows the user to choose from a variety of filtering and grouping mechanisms to truly create a bespoke report, providing insight into order flow to assist with both trading performance and compliance.