PT - JOURNAL ARTICLE AU - Robert Kissell TI - TCA in the Investment Process: <em>An Overview</em> AID - 10.3905/jii.2011.2.1.060 DP - 2011 May 31 TA - The Journal of Index Investing PG - 60--64 VI - 2 IP - 1 4099 - https://pm-research.com/content/2/1/60.short 4100 - https://pm-research.com/content/2/1/60.full AB - Kissell outlines the current state of evolution of Transaction Cost Analysis (TCA) in today’s dynamic marketplace. Matured beyond its roots as a basic trading cost estimator or post-trade cost analysis reporting tool, TCA has morphed into a dynamic, real-time information-rich platform that offers greater opportunities for alpha capture and nuanced, strategically effective order management. Kissell highlights the many ways that TCA can add value for the single stock trader, the algorithmic trader or strategy engine, the portfolio or quantitative trading desk, and the portfolio manager.TOPICS: Portfolio construction, equity portfolio management, wealth management