UK - The Financial Services Authority is using Inalytics and Plexus to provide it with a historical database of equity market transactions in a bid to analyse commissions, market impact and timing costs.
The data has been delivered to the regulator’s markets and exchanges division and covers institutional trading costs across 25 major markets – including the UK, US, Germany and a selection of emerging markets.
The database covers the period from the beginning of 1998 to the end of 2002 and includes 39 million executions with a value of over US$19.8trn.
This data will allow the FSA to track explicit costs, such as commissions, and implicit costs, such as market impact and timing.
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