Abel Noser Solutions Launches Transaction Cost Analysis Offering for the FX Market
NEW YORK, April 17, 2012 /PRNewswire/ -- Abel Noser Solutions, a sister company to Abel/Noser, today announced the launch of its foreign exchange transaction cost analysis offering (FX TCA). Abel Noser Solutions' customers will be able to measure the FX trading performance of their custodians, brokers and managers, and view absolute and relative peer cost comparisons based on industry standard metrics. "Buy-side firms have historically struggled to support best execution in the currency space due to the fragmented nature of FX liquidity and a lack of centralized price reporting. With recent currency-trading litigation against custodial banks and the current OTC regulatory environment, savvy ...
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