Le Lézard
Classified in: Business
Subjects: STOCK/OTHER MARKET NEWS, MISCELLANEOUS

Abel Noser Solutions Introduces Industry's First Comprehensive Options TCA Tool


New York, NY, June 21, 2022 (GLOBE NEWSWIRE) -- Abel Noser Solutions today announced the launch of a first-of-its-kind options TCA product that covers all options strategies from covered calls to complex spread strategies. The offering measures option spreads along with analytics that show implied volatility, percentage of open interest traded, outlier trades, trading routes, commissions paid and other related benchmarks. From the pioneer and leading provider of TCA and related services in equities, fixed income, FX, and futures, this offering complements the company's existing suite of post-trade products and trade surveillance solutions and makes Abel Noser Solutions unique as an independent vendor of global, multi-asset trade analysis.

"Our options TCA tool enables our clients to quantify the transaction costs of options hedging, income and more speculative strategies. You can measure calls and puts, spreads, straddles, strangles, buy-writes, and more while evaluating broker performance metrics and execution quality," remarked Peter Weiler, Co-CEO, Abel Noser. "By identifying outlier trades, then comparing individual trading costs to peer benchmarks, users can track market liquidity to better assess trade impact and directly measure against ticks and quotes from all global exchanges."

"The post-trade historical analysis in our options TCA tool clarifies trading costs for actionable insight," said Ted Morgan, Abel Noser's Chief Operating Officer. "Detailed transactions in graphical format allow clients to clearly see volumes, interval VWAPS, TWAPS, and various strike prices and spreads while supporting multiple industry standard identifiers for security identification such as FIGI, ISIN, OCC, and OPRA. Furthermore, our options TCA product is incorporated within our centralized multi-asset Trade Zoom analytics portal." 

Referring to the tool's wide-ranging capabilities, Brett MacLeod, who heads Abel Noser's sell-side group, noted that "the offering can also help brokers satisfy their FINRA Rule 5310 obligations for a regular and rigorous review of the execution quality for a range of orders in all equity securities and standardized options." Pointing out the offering's multi-aspect functionality, "We think clients will appreciate that it is also integrated within our Compliance+ suite for comprehensive compliance oversight and SEC Rule 606 reporting."

Using robust and detailed market data and a significant universe of data from clients who trade options, Abel Noser Solutions is poised to deliver the same level of superior technology, methodology and consultancy services that the institutional investor community has come to expect. From customized reporting to higher level executive summary views, the company's options TCA offering provides unprecedented clarity into the cost of options trading, best execution analysis and best practices.

 

About Abel Noser Solutions

Abel Noser Solutions has long been respected as a leader in the campaign to lower the costs associated with trading. With over 500 clients worldwide, the company offers multi-asset software products along with consultative and bespoke services in the areas of trade analytics, regulatory compliance, and trade surveillance. The firm continues to hold its place as the leading fintech innovator in TCA, compliance software, and service solutions. Learn more at www.abelnoser.com.



These press releases may also interest you

at 07:45
QuantaSing Group Limited ("QuantaSing" or the "Company"), a leading online learning service provider in China, today announced that Tim Xie, the Company's Chief Financial Officer and Director, will present live at the AI & Technology Hybrid Investor...

at 07:45
Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") announced today that it has closed on four non-core Canadian dispositions for combined consideration of $83.5 million, and has entered into an agreement to dispose of an...

at 07:45
HEALWELL AI achieved annual revenue from continuing operations of $7.32 million in fiscal 2023. HEALWELL ended 2023 with a strong balance sheet, having secured approximately $29.5 million from convertible debt and equity financings.Since its relaunch...

at 07:45
On March 23rd, global lifestyle brand MINISO opened a vibrant new pop-up in Times Square, New York, the brand's second location in the iconic shopping district. Located next to the Disney Store at 1540 Broadway, New York, the new pop-up is a cuddly...

at 07:35
PHINIA Inc. , a leader in premium fuel systems, electrical systems and aftermarket parts, will report first quarter 2024 results on Thursday, April 25, 2024. PHINIA's earnings press release, earnings presentation and other materials will be available...

at 07:35
Consolidated copper production is expected to average 153,000i tonnes per year over the next three years, representing a 16% increase from 2023 and demonstrating Hudbay's strong and stable operating portfolio with three long-life operations in...



News published on and distributed by: