Trading ServicesBestEx

Markit offers best execution reporting, compliance solutions and trading analytics enabling customers to monitor and measure execution quality while fulfilling best execution obligations

Customers

  • Broker-dealers
  • |
  • Exchanges and alternative trading systems
  • |
  • Investment banks
  • |
  • OTC marketmakers

Statistics

  • 60+ bnorder/trade records analyzed per quarter

Email this product

Send using your default email client.

SHARE

Social sharing

Get in touch

Want to talk to the team directly?

Product Summary

In today’s rapidly changing regulatory environment, cutting-edge quantitative analytics are critical to success. Market participants need a partner that understands the increasing complexities of the trade execution process and its impact on compliance reporting.

Markit offers a comprehensive suite of compliance reporting services including a BestEx platform, SEC Rule 605/606 regulatory reporting and posting and an integrated compliance workflow solution.

Markit’s BestEx platform is a customisable research and reporting tool, combining comprehensive trading analysis and best execution quality metrics with the defined directives of the SEC.

Markit’s BestEx regulatory reporting includes Rule 605/606 processing and posting capabilities and daily execution reporting with trend analytics.

Through portal-based access, Markit’s integrated compliance workflow solution provides customers with a secure, comprehensive console to track the full lifecycle of complex compliance processes, as well as monitor exceptions and updates, and record internal approvals, in an integrated system.

    Web based portal

    Workflow tools that streamline the supervisory process of critical trading functions, aiding firms with SEC and FINRA compliance

    Measurement of best execution, based on how orders compare to the state of the market before, during and after execution

      Order Execution Reports

      SEC Rule 605 requires that electronic data containing market center reports must be made freely available for downloading through FTP. Download Markit client execution quality reports below or access to our public FTP site.