|
|
Article: Push for best execution could benefit cost analysis.(News)
- Article from:
- Pensions & Investments
- Article date:
- August 7, 2006
- Author:
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Jay Sherman
NEW YORK - As regulators in the United States and Europe push the notion of best trade execution to center stage, transaction cost analysis also could find itself in the spotlight, industry players say.
At first blush, one might think the need for transaction cost analysis would be unnecessary in an era in which - under Regulation NMS in the U.S. and Europe's Markets in Financial Instruments Directive, or MiFID - price becomes the key factor in determining whether to execute a trade.
However, several sources said transaction cost analysis is likely to be embraced by even more people in the investment community thanks to an ...