Challenges and Opportunities of Best Execution in Australia
Steve Grob | Fidessa | February 12, 2012
Challenges and Opportunities of Best Execution in Australia
The third in its series of white papers looking at issues raised by the new market integrity legislation in Australia, Beauty and the Best - the perils and opportunities of Best Execution in a multi-market structure, examines different ways in which equity brokers might approach the new obligation for Best Execution, and how their buy-side clients will be affected.
This latest paper considers how far it is possible to achieve and demonstrate Best Execution in the changed equity trading landscape, exploring what it means for market participants of all types and how its implementation might play out. As with preceding papers, Beauty and Best draws on Fidessa’s global experience to highlight the critical differences between Australia’s own Best Execution requirements and those that apply in other jurisdictions. The paper goes on to assess how these may become a key point of competitive differentiation in Australia just as they have in some other markets.
Download attachment : BB-0212.pdf
1.
Equitable Treatment in Equity Markets
2.
A Buy-side Trader’s Take on the Exchange Consolidation
3.
What’s an Exchange to Do? The Role of the Exchange in Evaluating Algorithms
4.
TCA in an HFT world




