Measuring cross-asset transaction cost analysis (TCA) and trade performance still faces major constraints, says Baillie Gifford’s Petros Kyliakoudis, with unique nuances and complexities across varying asset types.
Speaking to Trader TV, the head of trading research and analytics discusses how his buy-side team approaches these challenges and evaluates cost and quality of execution for equities, FX, and fixed income. Kyliakoudis also shares how Baillie Gifford has adapted methods for feeding information between portfolio managers and traders, and unpacks the major lessons he has learned from his firm’s TCA and algo usage this year.
