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December 2, 2013

EZE Adds TCA

By

John D'Antona Jr.

Order and execution management systems vendor Eze Software Group will incorporate Markit's transaction-cost analysis product into its OMS. The integration is expected to provide Eze's buyside users-most are hedge funds-with access to Markit's pre- and post-trade analytics tools. Traders who use the Eze OMS will now be able to view pre-trade forecasts alongside their open orders in the blotter.

Following the trade, the data will be processed by Markit's TCA service to provide trading insights that are expected to help reduce trading costs and identify liquidity, a joint statement from Eze and Markit said.

Buyside traders will be able to access two Markit pre-trade estimates within the Eze OMS trading blotter.

 

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