Pre-Trade Transaction Cost Analysis (TCA)
Predict cost, assess liquidity and inform execution decisions before you enter the market with TT® Pre-Trade TCA.
Benefits
Forecast Trading Costs
Estimate the potential cost of a trade before execution based on comparable historical orders.
Assess Portfolio Liquidity
Project how quickly and efficiently positions can be liquidated based on volume metrics and market conditions.
Model Market Reaction
Understand how new order flow might influence price and execution outcomes using peer trade data and dynamic modeling parameters.
Compare Cost Versus Return
Evaluate whether the expected investment return justifies the projected trade cost prior to execution.
Customize Estimates
Generate tailored trading cost estimates based on your own trading data and like orders
Flexible Interface
Analyze scenarios and share insights efficiently utilizing a drag‑and‑drop dashboard and exportable reports.
Highlights
- Leverage our extensive universe of peer data to model expected costs.
- Access global coverage with empirical estimates based on actual investor trades.
- Refine forecasts by incorporating user-defined inputs and client datasets.
- Model “what-if” scenarios for order size, average daily volume (ADV) percentage, momentum and liquidity.
- Explore data through a dynamic interface for in-depth review and flexible reporting.
- Designed for institutional execution workflows, supporting liquidity analysis and regulatory reporting.
Traders
Predict trading costs and market impact using fast, peer-based scenario modeling.
Investment Managers
Assess whether a trade’s projected return outweighs its cost and liquidity risk.