BestX aims to become market standard for best execution

Plans to launch post-trade product on September 5 and pre-trade tool in January 2017

Pete Eggleston at Morgan Stanley
BestX founders Pete Eggleston (pictured) and Oliver Jerome aim for TCA upgrade in FX

The founding partners of independent transaction cost analysis (TCA) and software company BestX say their analytics tool could become the market standard for measuring and demonstrating best execution in foreign exchange markets, only three months after launching the firm.

BestX will release its post-trade product on September 5, followed by its pre-trade analytics tool in January 2017, its co-founders, former Morgan Stanley FX veterans Oliver Jerome and Pete Eggleston, told FX Week in an

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