<t>You need to consider: 1. the alpha decay profile 2. Alpha attribution vis-a vis your list 3. Adverse selection consequencesUsing a broker for this kind of execution is generally not a great idea, as they do not have access to your alpha and risk measures (and even if they did generally not the te...

Look at TethysTech's Execta platform. A lot of brokers and funds are using them and the beauty of this thing is that you can customize this thing to attempt any kind of benchmark.

If you are planning to use Beauchamp for any kind of real-time tasks (trading risk management needs etc.) , it is not the right solution. But for back/ mid office tasks it should fulfill your needs.

Look at Tethystech's Execta platform. I do not know how much it costs but I know the traders here love it.

Excel and VBA are just not the right sort of platforms for this sort of thing. They are are other tolls (more expensive than MS ExceL though) that you might want to consider.

Look at Tethystech's Execta platform, does a lot more then just monitoring though. Excel is unfortunately not very reliable as a lot of us have found (some particularly the hard way).