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BNP Paribas Partners with BestX
BNP Paribas has become the latest bank to formally partner with execution analysis specialists BestX, with the initial focus of the partnership being on the provision of post-trade transaction cost analysis (TCA) on algorithmic FX transactions, which will enable clients to gauge the quality of their execution versus a number of benchmarks. If the client requests it, details of their algorithmic transactions will be automatically shared with BestX which will in turn will perform its own TCA on the transaction, BNP explains.

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