MiFID II Best Execution: Multi-Asset Class TCA Goes Mainstream

2018 is set to be a transformative year for transaction cost analysis. Driven by new regulatory requirements coming into force the first week of the year, such as the revised
July 23, 2018 - Editor

2018 is set to be a transformative year for transaction cost analysis. Driven by new regulatory requirements coming into force the first week of the year, such as the revised Markets in Financial Instruments Directive (MiFID II) and the European Union’s new rules on packaged retail investment and insurance-based products (PRIIPs), the need for transparency improvements and reliable audit trails in trading and investment products has taken multi-asset-class TCA mainstream.

2018 is set to be a transformative year for transaction cost analysis. Driven by new regulatory requirements coming into force the first week of the year, such as the revised Markets in Financial Instruments Directive (MiFID II) and the European Union’s new rules on packaged retail investment and insurance-based products (PRIIPs), the need for transparency improvements and reliable audit trails in trading and investment products has taken multi-asset-class TCA mainstream.

In particular, the best-execution requirements of MiFID II have motivated institutions to explore TCA solutions offered by a variety of market participants—fintech firms, trading venues, banks, dealers, and others. While the calculation of equity transaction costs has reached a mature stage given the swaths of data available to feed that process, TCA tied to other asset classes, such as fixed income, foreign exchange, commodities, and derivatives, is still developing and is far from straightforward.

Register today and join senior analyst Audrey Blater as she highlights findings from her latest report, MiFID II Best Execution: Multi-Asset Class TCA Goes Mainstream.

Discussion points:

  • How will the evolution of FICC (Fixed Income, currency, and commodity) TCA change in the future?
  • Who is providing TCA services?
  • How are investors putting TCA output to work?
  • What can we expect from TCA providers going forward?

Date: 
July 24, 2018
When: 
July 24, 2018 | 10a.m. ET
Location: 
https://attendee.gotowebinar.com/register/245858888238164739
         
Speakers: 

Audrey Blater, Ph.D., is a senior research analyst who supports Aite Group’s Institutional Securities & Investment group’s efforts, focusing on fixed income, OTC derivatives, and risk management research. Her work spans technological developments, industry trends, and market structure as well as the impact of financial regulations.


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