Trading Technologies International, Inc. (TT) announced today it has launched TT Broker Scorecard, a monthly report ranking global and regional equity brokers by liquidity and execution quality.

The report provides an independent proxy of the institutional market with rankings derived from the aggregated, anonymized trade data compiled by Abel Noser Solutions, which TT acquired in 2023.

TT Broker Scorecard is available through Trade Zoom, Abel Noser Solutions’ industry-leading transaction cost analysis (TCA) solution for investment managers, asset owners, consultants and brokers worldwide. Users of Trade Zoom’s post-trade application will have the ability to retrieve historical information from the platform, with the option to drill down and examine data in greater detail.

TT Broker Scorecard enables buy-side market participants to easily identify and vet brokerage firms that trade in specific market segments, then pinpoint broker liquidity, estimate costs before trade execution, and use Abel Noser Solutions’ TCA product suite to measure post-trade transaction efficacy against a peer universe. Sell-side firms can identify both their competitive strengths as well as areas for improvement, and then market to customers in regions or segments where they are the strongest.

Peter Weiler, EVP Managing Director, Data & Analytics at TT, said:

“In today’s ultra-competitive environment, the buy side is increasingly trying to find liquidity in highly concentrated markets, while the sell side is seeking ways to protect and grow market share. TT Broker Scorecard will help firms on both sides uncover distinct business advantages by leveraging the massive universe of data that flows through our market-leading TCA platform. Our buy-side clients can find the counterparties that are most active in specific regions, countries, capitalizations, sectors and other segments. Sell-side brokers can identify and promote where they offer the most liquidity while establishing where they should focus on growing, leapfrogging competition or maintaining market share.”