Transaction cost analysis for crypto hedge funds

Execution cost is alpha you give away. If you are not measuring slippage against arrival across venues, you do not know how much the desk, the venue or your own size is costing the fund.

What EnsoTrade does for hedge funds

EnsoTrade measures implementation shortfall and slippage-versus-arrival on live books, per order, across venues — pre-trade to choose the cheapest route, post-trade to score it. Independent of execution, so the number is honest.

Independent, not in your execution path

EnsoTrade never touches custody, keys or orders. It prices and scores — your desk keeps trading. That separation is deliberate: a measurement is only credible if the party producing it has no stake in the fill. See the measured scorecard on named public companies, read the institutional API, or start with the implementation-shortfall and arrival-price benchmarks.

FAQ

Does EnsoTrade execute trades for hedge funds?

No. EnsoTrade is independent measurement, not execution. Your own desk or execution partner keeps placing orders on its own accounts; we never touch custody, keys or funds. That independence is what makes the measurement credible.

What does EnsoTrade measure for hedge funds?

Slippage versus the arrival price, implementation shortfall, and the cost of spread, fees and market impact — on live multi-venue order books, both before a trade (to choose the cheapest route) and after (as evidence), with full workings.

How much does it cost, and what will I save?

We quote no price or saving until you give your real clip size and fee stack — a number without those is strawman. Once you do, the measured figure is specific to your orders and yours to check.

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