Broker - dealers and asset managers have begun to develop transaction ##al ##ign ( exchange ) systems for bonds and foreign exchange , driven by upcoming European and US regulations that require more accurate data and greater transparency across all asset classes . The push to enhance trading analysis will be helped by electronic platforms able to compile diverse data clearly , according to Hubert & Jesus , co - head of electronic trading and pricing structure at BlackRock .
Broker-dealers and asset managers have begun to develop transaction cost analysis (TCA) systems for bonds and foreign exchange, driven by upcoming European and US regulations that require more accurate data and improved transparency across all asset classes. The push to enhance trading analysis will be helped by electronic platforms able to compile diverse data clearly, according to Hubert de Jesus, co-head of electronic trading and market structure at BlackRock.