Season 1: Episode 20
Duration: 23 minutes
In this episode of The Transact Podcast, Russell Watson, Transact’s Head of Trading Operations sits down with Head of Distribution, Stuart Fleat, for a deep dive into one of the most critical — yet often unseen — parts of the platform: the trading function.
Russell shares insights from his 25 years at Transact, explaining how the trading operation has evolved to today’s highly automated, resilient system capable of handling thousands of trades a day.
Together, Russell and Stuart explore:
the scale and complexity of Transact’s daily trading volumes
how aggregation helps drive down exchange trading costs for clients
automation, messaging, and why reliability and resilience matter more than ever
Transact’s move to two daily dealing points — and how this improves client outcomes
best execution, market‑maker competition, and what this means for clients and advisers
how class conversions and access to restricted/institutional share classes improve value.
This episode lifts the lid on how Transact keeps trading fast, accurate and dependable — all to support better outcomes for advisers and their clients.
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This podcast is provided for advisory professionals only. This podcast is for general information purposes only and does not constitute financial, investment, or legal, regulatory, tax or any other advice. All information is based on our understanding and interpretation of applicable law and regulation, which is subject to change. While we strive to ensure accuracy, we make no guarantees regarding the completeness or reliability of the content. The views of third parties are their own.