Abel Noser unveils new FX transaction cost analysis tool

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New York-based technology vendor, Abel Noser Solutions, has launched an FX transaction cost analysis tool (FX TCA) to measure the FX trading performance of custodians, brokers and managers.

Recent lawsuits on behalf of US state pension funds over the mis-pricing of forex trades by custodian banks has spurred demand for TCA, particularly in the absence of centralised price reporting.

“With recent currency-trading litigation against custodial banks and the current OTC regulatory environment, savvy

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