Virtu Financial, Inc. has announced that it is expanding its FX TCA offering with the addition of new high precision, low latency FX TCA benchmarks. The new FX benchmarks leverage Virtu’s technology platform and experience as a major liquidity provider to the global FX markets to provide Virtu’s unbiased view of fair value at any point in time. FX TCA clients can utilize the new benchmarks for detailed analysis of algorithm execution performance and to measure the quality of liquidity. “Our new FX benchmarks provide our FX TCA clients with access to Virtu’s unique FX market insight as a global multi-asset market maker. The enhanced time granularity and breadth of coverage provide a valuable tool to measure the quality of broker liquidity and the performance of algorithmic executions,” according to Kevin O’Connor, head of Virtu’s broker-neutral Analytics and Workflow Technology division.