BestX signs JP Morgan and HSBC as TCA clients

FX analytics firm partners two major dealers for third-party transaction cost analysis

algorithmic-whirlpool
Intelligent numbers: JP Morgan and HSBC say independent verification will showcase algo performance

Foreign exchange transaction cost analysis provider BestX has signed up two major dealers to provide third-party TCA for electronic and algorithmic trades to clients of both JP Morgan and HSBC via the banks' single-dealer platforms.

BestX, which was launched in March 2016 by ex-Morgan Stanley bankers Oliver Jerome and Peter Eggleston, is also understood to be on the brink of sealing similar partnership agreements with several other dealers, according to a source.

While both HSBC and JP Morgan

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: