Best Execution

Best Execution-Equity

This module automatically analyzes client trade data vs. market data and signals exceptions to client guidelines.

Each analysis is performed on share, trade, aggregate ticket, trade by dealer, execution venue, security and security type and portfolio or account levels. Custom reporting capabilities for any data set across any time period, and report scheduler, are included. Further, custom alert thresholds can be set by the client so as to pro-actively alert for undesired trends in best execution.

Best Execution-Fixed Income

This module automatically analyzes client trade data vs. market trade data and signals when exceptions to client guidelines or thresholds occur. Each analysis is run daily and alerts are stored online for review. The system first searches for same day trades by issuer, trades for issuer over a multi-day window before and after trade date and lastly, by comparable trades of other issues using coupon, credit quality, maturity date and coupon as parameters for comparables. Next, the system signals when the spread to treasury or other client-defined price rules are breached. Thresholds can be set using a dollar-weighted pricing methodology, median spread methodology or price only.

Custom reporting capabilities for any data set across any time period, and report scheduler, are included. Further, custom alert thresholds can be set by the client so as to pro-actively alert for undesired trends in best execution (e.g. repetitive exceptions by trader, PM, executing broker, issuer, etc.).

FTT has state of the art robust reporting capabilities and utilized SQL reporting services. Users can generate custom reports on demand for any time period and can be filtered by trader, security type, PM, portfolio, portfolio group, issuer, broker/dealer, information source, calendar period, etc. Users can download both market data and trade data for further data analysis and sorting.

Data sources: We utilize a variety of commercial data sources to make up one of the best combination of sources of fixed income trade data.

Best Execution-Foreign Exchange

This module automatically analyzes client trade data vs. market data and signals exceptions to client guidelines or thresholds. The system obtains FX data from a variety of sources and covers over 40 currencies, including forwards, futures, options and swaps. Custom reporting capabilities for any data set across any time period, and report scheduler, are included.

Each analysis is run daily and alerts are stored for later review when the difference between currency executions and market data fall outside client-determined thresholds. Thresholds can be set using a minimum/maximum range methodology.


Support:

Financial Tracking Technologies LLC
1111 East Putnam Ave, Suite 304
Riverside, CT 06878
203.340.2356

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