AlgoAlert can be received via a variety of email and instant messaging platforms including, AOL’s AIM service, the Bloomsberg Professional service’s messaging system, and the Google Talk instant messaging service.
AlgoAlert is a tool that tracks algorithmic trading performance when traders need it the most – while they trade, said Carl Carrie, head of product development at JPMorgan. It gives traders a competitive edge by ensuring they receive information they need for split-second decision-making. The result is improved awareness, better execution and improved transparency in algorithmic trading.
AlgoAlert requires no software to install and is available for JPMorgan’s suite of algorithmic trading products, including Aqua and Arid, the firm’s recently announced ‘dark pool’ algorithms. It can also be used with Trading Algorithm Optimizer (TAO), a tool that selects algorithms and executes strategies.
