Abel Noser Solutions was ranked as the leading global fixed income TCA provider by Greenwich Associates in their 2020 market survey that included firms such as Tradeweb, Sungard and Instinet. Greenwich Associates, a top provider of data, analytics and insights to the financial services industry, serves many of the top banks, asset managers and key players in the global market infrastructure space. This press release comes on the heels of Abel Noser Solutions’ recently announced arrangement with MarketAxess to include their award-winning Composite+ pricing service as an option within Abel Noser’s fixed income analytics bundle.
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Noting the significance of the designation, Peter Weiler, Co-CEO of Abel Noser Holdings, commented, “Increased market complexity and electronic trading has driven more fixed income investors and traders to ramp up their adoption of TCA for a multitude of reasons.” Reflecting on the changing conditions in the bond market, Mr. Weiler added, “Given the growing role of electronic trading, we’re excited about this validation of our capability to offer a truly innovative suite of fixed income trading cost analytics to such a wide variety of market participants.”
“Regulators are aiming for improved transparency in the markets as automated trading and central clearing is beginning to overtake more traditional bond trading practices. As such, the innovative TCA we offer provides a necessary component for monitoring best execution,” said Steve Glass, Co-CEO of Abel Noser Holdings. “We are well positioned for the changing regulatory and economic trends that are driving key market players to increasingly integrate TCA into their fixed income investment workflows.”
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