JP Morgan has launched ' JP Morgan Analytics+ [ JPMS+ ] ' , which makes algo and SMOR more transparent by enabling sell - side firms to track each step of their equity trades in real time . Clients will be able to deconstruct orders to analyse their trading performance , accessing information previously only available on a post - trade basis . The move comes ahead of Phase II , which shifts responsibility for best execution to the sell - side , which will need systems to help capture , store and analyse data as part of proving best execution .
JP Morgan has revealed 'JP Morgan Analytics+ [JPMS+]', which makes algo and SMOR more transparent by enabling buy-side firms to track each step of their equity trades in real time. Clients will be able to deconstruct orders to analyse their trading performance, accessing information previously only available on a post-trade basis. The move comes ahead of MiFID II, which shifts responsibility for best execution to the buy-side, which will need systems to help capture, store and analyse data as part of proving best execution.