Algo execution and TCA will drive market structure change
Pragma Securities chief Mechner expects best execution requirements to boost the adoption of algorithmic trading
The growth of algorithmic execution is set to be a key theme for participants in 2017, alongside developments in transaction cost analysis (TCA), as the electronification of the market continues.
"We've been seeing some really robust growth in algo usage over the past year and we expect that to continue in 2017," says Pragma Securities chief executive David Mechner.
"We expect this growth to be mainly driven by the buy side's desire to get best execution. We are talking about corporates and real
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