Abel Noser has offered portfolio execution services to clients for decades. Our philosophy remains the same today as the day we opened our doors: offer best execution with low commission rates. We do this through careful pre-trade analysis and planning, adaptive execution strategies, and a comprehensive post-trade analysis. Our mission is to provide measurable superior executions and analytical insight, thereby reducing the cost of trading.
Abel Noser's innovative web-based pre-trade process enables us to determine the liquidity of your investment holdings. The inverse relationship between opportunity cost and market impact remains the single most overwhelming cost factor in any large trade. If trading is done too rapidly, the trades move the market. If done too slowly, the market may move against the trades. The goal is to trade the optimal number and size of trades over the right time-frame.
We draw on years of experience and knowledge to examine portfolio positions, liquidity, and price behavior in order to identify high-risk positions. Using our extensive data bank of historical statistics to make inferences about the relative risk of a position, we can then produce multiple cost estimates based on proprietary algorithms that incorporate stock liquidity, price behavior, and market impact functions. Whether these securities are liquid or illiquid, our analysis offers a realistic and comprehensive price valuation. Our pre-trade analytics serve as a blueprint for our trading desk to execute orders effectively across all types of fixed income classes.
Trade-Zoom for Fixed Income is our web-based post–trade measurement product that provides drill-down from expansive views of all your trading to the appropriate level of detail on any single trade. Trade-Zoom also provides information on trading strategies, with time-specific data for every step of the process. Benefits include:
Your trade data can be migrated into Trade-Zoom quarterly, monthly, or as soon as next-day (T+1) enabling you to identify and respond immediately to the success and relative costs of applied trading strategies. Within the tool, you can create customized views of your trading data, review the data created by numerous measures, then add filters to zero in on the report or data table that you need.
We keep an open dialogue with our clients to make sure your objectives are being met and to navigate the market accordingly. Throughout the process, we focus on the fundamentals, understand integral differentiators, where it’s trading and why. We don’t rest until we have a holistic view of the bonds in question and how best to represent your wishes, needs and mandates.