JPM Launches Real-Time Order Transparency Tool


Clients will able to view the information in real-time via “routes reports” and deconstruct their orders to analyse their trading performance.

Daniel Ciment, global head of equities execution services at JP Morgan, said: “What we’re doing with JPMA+ is taking transparency to the next level. Clients are always asking us questions about how their orders are routed and for a long time we have delivered that information on a post-trade basis. Now they can see in real-time exactly what is happening to their trades.”

He added that delivering so much data to clients in real-time has been challenging but “will add a lot of value for clients because they can adapt much more quickly when they get this information in real-time.”

As well as offering transparency for order routing, the platform also provides aggregated pre-trade and post-trade analytics tools so clients can review their trades and assess the risks and costs associated with them.

Related articles

  1. Deutsche Borse-LSE Merger in Focus

    Instinet Fox River Quant Solution will initially be rolled out in the Americas.

  2. Algos, Post-Trade Top FCM Concerns

    Instinet's Anushree Laturkar says investing in research and analysis is key to improving client outcomes.

  3. The new platform launched via a partnership with BestEx Research.

  4. It is the first liquidity-seeking algorithm on Atlas, the equities trading platform introduced in 2019.

  5. Algorithms in Focus

    Strategy Studio allows brokers to create their own execution platforms.