TMX SECURE TCA

TMX Secure TCA can solve both your compliance needs and provide invaluable insights to your implementation costs, all while keeping your data confidential. In addition, because the analysis is done client-side, it is impossible to bias the results.

TMX Secure TCA is a data analytics tool that brings transparency to complex financial market structure. Clients are able to analyze trade data and order history within their own secured internal environment. The TMX Secure TCA tool supports MiFID II compliance through exacting analysis of performance, routing, and venue quality within an advanced web-based platform with customizable views and reporting features.

KEY FEATURES • Customizable views and reporting

• Statistical analysis of client trading and execution metrics

• Support for MiFID II Compliance

• Order routing analysis

• Venue analysis

• Analysis of trading for equities listed on multiple venues

• Multi-asset support for European, U.S. and Canadian markets

SECURE TCA MODEL

INPUT

A client loads their trades into a local application delivered via a browser

REQUEST

The application requests the analytics from TMX Analytics

SECURITY

For additional security, the application can request analytics for random securities.

OUTPUT

Secure TCA runs the analysis at the client’s site.

TMX Analytics

Benchmarks and Analytics

Client Firewall

Application

CLIENT TRADES

BROKER NEUTRAL AND SECURE, DATA ANALYZED IN-HOUSE.

We recognize that as the market evolves, so does the need for new and ever-changing analysis. TMX Analytics’ capabilities will continue to grow and change and strive to stay ahead of the marketplace.

© 2017 TSX Inc. All rights reserved. TMX and the TMX design are trademarks of TSX Inc. tmxanalytics.com

FOR MORE INFORMATION ON TMX ANALYTICS’ SECURE TCA SERVICE, CONTACT: datasales@tmx.com

SECURE TCA: AGGREGATE ANALYSIS

IDENTIFY PREDATORY HFT : SPY

All of this and more, without the data ever leaving the client’s site.