KUALA LUMPUR, Dec 30 (Bernama) -- United States (US)-based Abel Noser Holdings, a market leader in institutional trade analytics and agency-only trading solutions, has notched a number of noteworthy achievements, including new product launches, numerous industry partnerships, and a ramping up of trade surveillance services this year.
In a statement, Abel Noser said its analytics arm, Abel Noser Solutions, began offering a first-of-its-kind global options transaction cost analysis product that covers all options strategies, from covered calls to complex spread strategies.
“The offering enables clients to quantify the transaction costs of options hedging, income and more speculative strategies while evaluating broker performance metrics and execution quality,” it said.
Abel Noser co-chief executive officer (CEO), Peter Weiler said the company expects best execution requirements for brokers and managers to continue to be updated and quantified, including calls for more fixed income transparency, pending updates to SEC Rule 605 and various US Financial Industry Regulatory Authority (FINRA) directives for the coming year.
“We also expect a continued ramping up of electronic and algorithmic trading, plus a greater emphasis on trading clarity and oversight from all sectors,” he said.
Its subsidiary, Zeno AN Solutions has also launched environmental, social and corporate governance (ESG)-agnostic consensus rating product for asset owners that provides portfolio-level analysis to help assess, measure and monitor the degree to which management practices are consistent with the client’s ESG policies.
The group had also developed a set of new regulatory tools to help brokers identify improper or illegal trading activity while implementing the best execution.
This year, Abel Noser has set up strategic liaisons with major industry players like JP Morgan’s Neovest and partnerships with more niche players, including working with the Hackett Group for minority and/or women-owned business enterprise (MWBE) brokerage programmes, and OWL ESG for consensus ESG data that powers the new fund holdings analysis product.
Co-CEO, Steve Glass said that the management is proud of the many successes that its top-notch team has accomplished this past year and looks forward to applying the firm’s resources and leading position as the overall market matures and becomes more data-driven.
-- BERNAMA
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