ITG rolls out forex TCA

Connectivity

Investment Technology Group (ITG), a New York-based brokerage and technology provider, has this week launched its new transaction cost analysis (TCA) tool for the institutional foreign exchange market.

As reported by FX Week earlier this month, the launch follows an initial FX TCA product that ITG launched in partnership with FXall in 2010, but shelved after it failed to gain traction with clients. The new product will leverage data from 10 different providers and measure transactions against

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