Trading Technologies International, Inc. (TT) has launched the TT Broker Scorecard, a new monthly reporting service that ranks global and regional stock brokers based on liquidity and execution quality. This report uses aggregated, anonymous transaction data from Abel Noser Solutions, which TT acquired in 2023. TT stated that the scorecard aims to provide an independent perspective on the institutional market.

The TT broker scorecard can be accessed through Abel Noser Solutions' Trade Zoom platform for Transaction Cost Analysis (TCA). This platform allows users to access historical data and conduct detailed analysis. TT stated that the scorecard will enable buyer participants to identify and evaluate brokerage firms in specific market segments, assess broker liquidity, estimate pre trade costs, and measure post trade efficiency using AbelNoserSolutions' TCA tool. The selling company can also use this report to identify its strengths and weaknesses, and lock in customers in its strongest areas,

Peter Weiler, Executive Vice President and General Manager of TT Data and Analytics, said, "In today's fiercely competitive environment, buyers are increasingly striving to find liquidity in highly concentrated markets, while sellers are seeking ways to protect and expand market share. The TT broker scorecard will help both companies discover unique business advantages by leveraging the vast amount of data flowing through our market leading TCA platform