Best Execution Solutions

All our solutions come with free proof of concept. For more information, click the button below.

Get In Touch

Best Execution for Modern Markets

Best Execution requirements state that traders, brokers, investment firms and execution desks must consistently achieve the best possible results when trading on behalf of their clients. The sheer number and variety of global regulations that enforce this concept can be almost impossible to keep track of. Our best execution solutions can help.

When the first Markets in Financial Instruments Directive (MiFID) was implemented by the EU, firms were forced to take ‘all reasonable steps’ to deliver the best possible result for clients. That remained true until MiFID II was implemented in January 2018. In RTS 27 and RTS 28, MiFID’s best execution standards were strengthened further. Today, if firms wish to comply with MiFID II best execution guidelines, they must take ‘all sufficient steps’ to deliver the best result for clients. You can read pdf versions of RTS 27 and 28 here and here.

Under these stricter regulations, your firm needs an intuitive, up-to-date and comprehensive best execution solution. TZ can provide just that.

eflow’s TZ system can provide bespoke solutions for all varieties of financial firm. The flexibility of TZ enables firms to define their own parameters and logic when implementing best execution policies. It also allows firms to provide a practical demonstration to their clients of the efforts being made to reach MiFID II compliance.

Instant analysis of millions of trades against a number of benchmarks is just one of the benefits your firm will get from TZ. It also provides unparalleled flexibility: totally customisable parameters and the ability to compile bespoke reports set it apart from other best execution software solutions currently on the market.

Key Features

Global multi-venue analysis

Customisable settings and parameters

Immediate access to all data in TZ

Preset and bespoke reports

Large-volume data handling

Intuitive workflow including exclusion-based alert generation

ESMA Updates Transparency Calculations For Equity And Equity-Like Instruments

ESMA Updates Results of Annual Transparency Calculations for Equity and Equity-Like Instruments On September 23rd, ESMA began to make available the updated annual transparency calculations for equity and equity-like instruments. ESMA has claimed that these updated results will account for and aim...

ESMA Calls for Report On MiFID II Inducements Disclosure Requirements

ESMA Calls For European Commission To Report On Impact of Inducements Disclosure Requirements Under MiFID II As stated in a press release published on July 17, the European Securities and Markets Authority (ESMA) has requested that the EC (European Commission) provide evidence of the impact...

Market Abuse, Insider Trading and the European Energy Market

Europe's Energy Regulators Tackle Market Abuse and Insider Trading In an attempt to increase investor protection and promote market integrity, a number of European energy regulators have joined together to tackle market abuse and insider trading in the European wholesale energy market. In the...

MiFID II Inducements: How Should You Handle Them?

Inducements Under MiFID II MiFID, the Markets in Financial Instruments Directive, is a fundamental part of the financial law in the European Union. It sets out standards for investment services and activities across the EU, although its influence stretches beyond European borders. Last year’s...

Trade Reporting vs Transaction Reporting: What’s the Difference?

Trade Reporting and Transaction Reporting Under MiFID II In January of 2018, the updated framework of Markets in Financial Instruments Directive (MiFID II) was rolled out, marking one of the biggest overhauls to Europe’s financial industry in decades. The new legislation, updated from 2007’s...

covered asset classes

With TZ, you won’t need to worry about the possibility of incompatible asset classes. The diagram below indicates what asset classes are covered by the TZ system. If you’d like to see more asset classes included, feel free to call us at +44 (0) 207 101 4493

Contact Info

Sales Enquiries

+44 (0) 207 101 4493

Service Support

+44 (0)117 373 6251

Privacy Policy
© Copyright 2019 eflow Ltd.

Get in touch
Call us: +44 (0) 207 101 4493