PT - JOURNAL ARTICLE AU - Bharat Patel TI - Measurement of Transaction Costs in Equity Trading DP - 2001 Mar 20 TA - Trading PG - 49--54 VI - 2001 IP - 1 4099 - http://guides.pm-research.com/content/2001/1/49.short 4100 - http://guides.pm-research.com/content/2001/1/49.full AB - This article seeks to identify methods by which institutional investors can identify the actual transaction costs they are incurring when using brokers for equity execution and thereby decide on the appropriate methodology for minimization of these costs. The results are derived from empirical trade data based on a selection of portfolio trades executed in 1999.