By John D'Antona Editor, Traders Magazine

JPM Launches Real-Time Order Transparency Tool

05.20.2016 By John D'Antona Editor, Traders Magazine

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. Allowing algorithms to control the supply and demand of crypto was challenged by Terra Luna.

  2. CME Boosts European Energy Business

    Infrastructure and sustainability will be one of the biggest opportunities in alternative investments.

  3. The broker's algo development team gains access to high quality, granular Level 3 data.

  4. Trading Europe From ‘Across the Pond’

    Bank aims to gain share from its systematic approach to trading, market structure proficiency and modern techn...

  5. The firm will be rolling out algos for institutions to navigate crypto market structure.