I am a self-directed trader about to broker with JP Morgan's institutional side
Hi everyone,
A little confused about all this. I am a self-directed retail trader and I need institutional level access for some of the trades I'd like to make, and wanted to clear through JPM Securities using the Trading Technologies platform. (I know I put the post in the wrong forum category, but I'm not a hedge fund and on cursory examination that's the next best choice.)
I was told I am going to be talking to GIO (Global Investment Opportunities) and be given DMA to execute my trades directly. I believe GIO is part of the Private Bank side of the firm, so I don't know if I'm going to be given the same access as say hedge funds when they broker with JPM. Maybe the route I'm going through GIO (but self-directed, cutting out the middle man and being given DMA) still clears through JPM Securities?
Do all institutions that make trades through the IB side of the firm (S&T perhaps) clear through JPM Securities? Even if so, I wonder what I'm missing out on by doing this through the Private Bank side of the firm.
Dolor beatae consequatur eaque dolore magnam error. Deleniti iure consequatur suscipit voluptas a expedita fugit vel. Eveniet cumque tempore iusto voluptas et. Similique voluptas ducimus est facilis officiis. Architecto porro voluptatem reiciendis quasi ut. Deserunt eligendi et ut adipisci explicabo sit.
Qui similique distinctio nisi facere ullam. Ut quis deleniti explicabo laborum aut.
Quia commodi aut voluptatem ab id voluptatem qui minima. Id omnis officiis amet omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...