Trading Analytics

Award-winning tools for preserving alpha

You can’t control costs you can’t measure. Our unique tool suite, combined with data only ITG can provide, helps you uncover hidden costs and improve trading strategies to preserve alpha. We bring together extensive real-time and historical data with the industry’s best expertise, so you can make the most informed decisions regarding strategy, broker, algorithm, and venue. Plan the best execution route, change course if you need to, and compare your performance against peers and benchmarks to identify opportunities for even greater improvement.

ITG TCA® for Equities

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 consultants can help you adjust strategies, reduce trading costs, boost fund performance, and potentially improve your fund’s ranking.

Our TCA lets you identify costly trades and limit risk using daily feedback. Analyze the impact of spread and price using ITG’s proprietary Agency Cost Estimator model and compare relative trading performance against the industry’s most extensive database of trades*. Easily detect where slippage and costs occur, generate detailed reports on compliance, destinations, and broker performance, all towards the goal of making more informed execution decisions.

Our TCA solution is available as a real-time offering for traders and is also a solution for portfolio managers, because of its focus on costs, returns, and alpha patterns. Our experts can also provide execution and venue-level analysis and bespoke TCA consulting.

Experience a “lite” version of our TCA. Try our index app now. >

The ITG Equities Trading Cost Index app is now available to all users. Use the results to gain trading insights, support a strategy, or do a quick cost estimate at any time.

This proprietary ITG-developed measurement tool lets you compare trading costs based on variables like date, market, and scope (all equities, top 50, and top 20). View a general overview of trading costs across all sectors and equities or see breakdowns by market cap, percent MDV, and individual sector. No downloads required.

* Historic data is generated by the ITG Peer Database, one of the largest trading transaction databanks in the world. Other offerings display only post-trade data (in hindsight), and don’t have access to our vast peer universe covering more than 200 of the largest global buy-side institutions.

Available for: Equities

ITG TCA® for FX

ITG provides access to one of the industry’s most comprehensive FX transaction databases and a full set of analytics to help you improve execution quality and meet compliance requirements. Use it to see inside the FX marketplace to sharpen your execution expertise by comparing your actual FX pricing and transaction costs to benchmarks matched to your timing, currency pairs, banks, brokers, and other parameters.*

Detailed, graphically illustrated reports show the strengths and weaknesses of your strategy compared to relevant benchmarks, so you can calculate slippage and redirect your strategy toward best execution. Count on ITG’s experience and worldwide leadership in equity TCA to help you maintain compliance and guide your FX process improvement.

Experience a “lite” version of our FX TCA with our index app. >

The handy (and free) ITG FX Trading Cost Index app estimates the cost of liquidity for trading 20 common currency pairs and five currency aggregates based on deal size and implied volatility, taking into account historical costs, as well as recent trends. Use the results to gain trading insights, support a strategy, or do a quick cost estimate at any time. No downloads required.

Track FX volatility throughout the day with the ITG FX Volatility Index app. >

Because trading costs vary—sometimes widely—throughout the day, ITG analysts have created a helpful index and free app to track and calculate volatility across dealer and ECN consolidation at key times of interest throughout the trading day. Use it to help make better trading decisions, track potential slippage for various deal sizes, and select favorable times to trade.

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* Historic data is generated by the ITG Peer Database, one of the largest trading transaction databanks in the world. Other offerings display only post-trade data (in hindsight), and don’t have access to our vast peer universe covering more than 200 of the largest global buy-side institutions.

Available for: Foreign Exchange

ITG Smart Trading Analytics®

Dynamic decision support tools let you act on new insights as they are revealed and control costs through all stages of an order’s life cycle. Forecast transaction costs, assess market conditions in real time, identify difficult trades, and select the appropriate strategy, all geared toward the goal of minimizing the cost of trading. 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.

You can even assess long-term trade costs using ITG’s Agency Cost Estimator, our state-of-the-art econometric model, to receive pre-trade cost estimates based on real-world execution data and strategy. You can also view historical performance by algorithm strategy for your own trades and for the trades in our extensive peer group, providing input to support your decisions throughout the trading process. And wherever you trade, we have you covered, with cost estimates for a growing list of more than 70 countries.

ITG_STA_OC_20150401

Available for: Equities

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RECENT AWARDS

  • 2015 – Best TCA Provider

    Waters Rankings

  • 2014 – #1 Outstanding TCA Provider

    The Trade Hall of Fame Awards, Europe

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