FairMark

Advanced Transaction Cost Analysis

Leveraging Ediphy’s Connectivity+ (part of our Low Touch Execution service), we draw transaction transparency data from the whole market to base FairMark on a comprehensive sweep of real trades - irrespective of where they are executed. We then use multivariate regression to construct a comparison surface which copes with sparse data - a perennial issue for Transaction Cost Analysis (TCA).

Key features of TCA

Fully interactive graphical and tabular views (in addition to API access)
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Zoom in and out of data levels and time periods
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Based off actual transactions captured across the market
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Ediphy FairMid constructed using multivariate regression and copes with sparse data
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TCA classification/scores are dynamic,  based on distribution across the data
All data and related services are shown in real-time
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Mark-in, mark-out, and implementation shortfall
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Compliance workflows
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Fully integrated with Ediphy execution tools for pre-trade use, as well as post-trade
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The Ediphy Grid

Powered by the Ediphy Grid, all of our services are cloud native and web-browser delivered, eliminating your infrastructure costs and simplifying onboarding.

How it works

Plug in to Ediphy and upgrade the way you conduct transaction cost analysis.