ITG Trading Analytics

Imagine the power of controlling costs during all stages of an order’s lifecycle. ITG helps you effectively forecast transaction costs, assess market conditions in real time, identify difficult trades, and select the appropriate strategy, all toward the goal of minimizing the cost of trading.

• Act in real-time. Dynamic, interactive tools let you act on new insights as they are revealed. During trading, view real-time charting of today’s market volume and quotes, identify potentially costly outliers, and see historical intraday stock profiles with recent data on volume, spread, and volatility.
• Compare essential data. Be smarter as you trade by measuring today’s volume, spreads and volatility, against historical averages for single stocks and lists.
• Assess long-term trade costs. With ITG’s Agency Cost Estimator, our state-of-the-art econometric model, you get pre-trade cost estimates based on real-world execution data and your strategy.
• Rely on global coverage. Cost estimates are available for a growing list of over 70 countries.

ITG TCA provides a window into your entire investment process to help you address best execution practices. By assessing trading performance and implicit costs under various market conditions, our expert consultants can help you adjust trading strategies, reduce trading costs, boost fund performance, and potentially improve your fund’s ranking.

• Optimize strategies. We provide daily feedback for adjusting algorithmic strategies and trading tactics. Identify potentially costly trades and zero in on ways to limit risk.
• Enhance performance. Uses ITG’s proprietary Agency Cost Estimator model to identify and monitor implicit trading costs, along with spread and price impact. Analyze relative trading performance against the industry’s most extensive database of trades so you know where to make improvements.
• Improve FX trading. Detect where slippage and costs occur in order to make more informed FX transaction decisions; uses currency data from FXall.
• Compile detailed reports. Quickly generate reports highlighting particular interests, including compliance issues and performance across trading destinations and brokers.

Improving your investment process requires measuring costs at every point from portfolio manager to trader to broker.  We can provide this strategic view with insightful commentary and consultative recommendations to help boost performance.

• Enhance process efficiency. Every penny saved through process improvement goes straight to the bottom line. Through accurate process modeling, we can deliver tailored benchmarks and robust peer comparisons—the insights you need to preserve alpha.
• Improve fund rankings. Quickly see where your firm can realistically improve through peer comparisons based on order characteristics and market circumstances. This “apples to apples” approach is the best and largest universe for comparing trading performance.
• Analyze your entire process. Identifying costs is just one area of analysis. We go beyond the typical TCA paradigm to cover portfolio manager decision timing and order staging, return on decisions, as well as trader timing and broker performance.