Advanced Trading takes you on an exclusive tour of Abel Noser's New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.
August 27, 2012
Internal Measurement Tools
To measure performance of trades, Corwin says he relies heavily on several internal measurement tools to track clients' trading and commission dollars as well as their commitment to certain products. He uses TradeEx, a proprietary tool that lets him target any benchmark the client prefers. For baskets of stocks, Corwin calls up Trade Zoom (far left screen, not shown), an internal tool from Abel Noser Solutions, to run pre-trade, real-time and post-trade analysis and to estimate the cost of execution.
