RT Journal Article
SR Electronic
T1 Approaching Venue Analysis
JF The Journal of Trading
FD Institutional Investor Journals
SP 73
OP 75
DO 10.3905/jot.2017.12.1.073
VO 12
IS 1
A1 Marie Konstance
YR 2016
UL https://pm-research.com/content/12/1/73.abstract
AB Many U.S. equity traders underestimate the value of venue analysis and assume that any issues will appear in their current TCA results. However, problems may not clearly bubble up in a post-trade report. This article provides an overview of some of the potential issues in broker venue strategy and suggests a general framework for beginning an effective analysis. The payoff from this effort can provide greater reassurance that traders are using effective algorithms or perhaps allow them to tweak their existing strategies to perform more effectively.TOPICS: Exchanges/markets/clearinghouses, quantitative methods