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	<title>Firm58 - Management of Fees, Commissions and Payouts for Capital Markets &#187; TCA</title>
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	<description>Manage fees, commissions and payouts online with solutions that &#60;em&#62;set the pace for the rest of the industry&#60;/em&#62;.</description>
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		<title>2010 Themes Confirmed: Transparency, Cost Reduction &amp; Compliance Matter</title>
		<link>http://www.firm58.com/2010/12/2010-themes-confirmed-transparency-cost-reduction-compliance-matter/</link>
		<comments>http://www.firm58.com/2010/12/2010-themes-confirmed-transparency-cost-reduction-compliance-matter/#comments</comments>
		<pubDate>Wed, 22 Dec 2010 16:22:15 +0000</pubDate>
		<dc:creator>Nick Fera</dc:creator>
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		<category><![CDATA[nick fera]]></category>
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		<category><![CDATA[TCA]]></category>
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		<guid isPermaLink="false">http://www.firm58.com/?p=1366</guid>
		<description><![CDATA[For the past year, Firm58 has been beating the drum in support of a handful of trading themes including market complexity and rate structures, transparency &#38; compliance, and TCA, among others.  At times, it seemed like we were the only ones highlighting the urgency of these issues for broker dealers, execution venues and trading firms. [...]]]></description>
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		<title>The Expanding Significance of Explicit Cost TCA</title>
		<link>http://www.firm58.com/2010/11/the-expanding-significance-of-explicit-cost-tca/</link>
		<comments>http://www.firm58.com/2010/11/the-expanding-significance-of-explicit-cost-tca/#comments</comments>
		<pubDate>Tue, 16 Nov 2010 21:47:45 +0000</pubDate>
		<dc:creator>Sam Mele</dc:creator>
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		<category><![CDATA[commissions]]></category>
		<category><![CDATA[exchange fees]]></category>
		<category><![CDATA[explicit costs]]></category>
		<category><![CDATA[profitability]]></category>
		<category><![CDATA[sam mele]]></category>
		<category><![CDATA[TCA]]></category>
		<category><![CDATA[transaction cost analysis]]></category>
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		<guid isPermaLink="false">http://www.firm58.com/?p=1282</guid>
		<description><![CDATA[Without question, measuring implied trading costs is an important gauge of a broker’s performance, but the current definition of Transaction Cost Analysis (TCA) is far too narrow. In addition to implicit costs, a comprehensive TCA program needs to include explicit trading costs as well. Historically, TCA has focused on the measurement of execution quality. In [...]]]></description>
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