Mastering Execution

Achieving best execution in today’s high-speed, fragmented markets is harder than ever before. Navigating lit and dark venues, avoiding predatory and abusive order flow, and complying with transparency demands has made understanding every order’s execution path a matter of survival – for both buy-side firms and their brokers. But few organizations have the tools to properly understand venue and routing quality, and traditional TCA just can’t get the job done. To explore the challenges firms face in demystifying order routing and achieving best execution, TABB Metrics introduces the “Mastering Execution” Spotlight Series, which examines the tools and technologies that can help eliminate leakage, reduce execution costs and boost alpha.