Vendor instruments providing counterparty solutions to overseas alternate merchants mustn’t substitute a agency’s personal execution assessments, warn market individuals.
The merchandise, aimed toward money FX trades, can use firm-specific and communal execution information to assist buy-side corporations standardise and automate counterparty choice. Main transaction value evaluation (TCA) suppliers BestX and Tradefeedr every supply a model of this service.
Richard Turner, senior FX dealer at Perception Funding, cautions {that a} instrument’s
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