Everything is Market Impact

An often overlooked problem in transaction cost analysis is endogeneity. The term arises from econometric analysis. It describes how the results of a regression analysis can be biased when both the dependent and independent variables are affected by the same predictor...

Euromoney

FX: The rise of quality execution analysis. A combination of regulatory requirements and commercial imperatives are driving interest in quality execution analysis (QEA), a subset of transaction cost analysis (TCA) that is a vital component in measuring FX best...