Best execution driving demand for pre-allocation aggregation, says Traiana
Processing of block trades made easier under infrastructure service
Market infrastructure provider Traiana says its aggregation service can reduce the cost of processing large FX block trades by 90%, benefiting asset managers who are under pressure to achieve best execution without the large associated costs.
As more asset managers use electronic execution, large trades are often executed in smaller chunks and scattered across a variety of electronic platforms. Instead of a single large trade, managers can end up with many smaller trades - often with a notional
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