JPMorgan’s interactive pre-trade analytics allow users to populate order details directly from their Bloomberg trade blotter into JPMorgan’s pre-trade function. As part of the firm’s algorithmic trading suite, these metrics will aim to provide more execution transparency.
According to Carl Carrie, head of algorithmic product development for JPMorgan Electronic Execution Services, commented: By providing a collection of powerful and unique statistical metrics, clients can decide which algorithms are optimal for their specified objectives.
The announcement has also provided evidence of Bloomberg’s desire to offer a greater selection of pre-trade insight into the suitability of alternative trading strategies through algorithmic trading programs.
