JP Morgan Electronic Client Solutions

I have a phone interview coming up with the Electronic Client Solutions Team at JP Morgan. To this point I've mostly been pursuing more traditional sales and trading roles. Does anyone know what the ECS team does exactly? I'm interested in finding out what roles make up the team, and what the day-to-day is like. I imagine there is no actual trading happening, and it is more of developing the algorithms and selling them to institutional clients. Any info would be appreciated. Thanks.

 
Best Response

"Electronic Client Solutions (ECS) is a part of J.P. Morgan’s full-service global equities platform. ECS designs, distributes and services leading execution and liquidity products globally to our client base. Our suite of Equity, Listed Option and Futures trading products include, pre- and post-trade analytics, global direct market access and smart order routing, global algorithmic trading products and JPM-X, J.P. Morgan’s Alternative Trading System.

ECS is committed to delivering exceptional client outcomes through a combination of subject matter expertise, value-added products and access to differentiated liquidity, all built upon a foundation of operational excellence. The growth of ECS is a strategic initiative for the Equities division. ECS’ market share has grown significantly in the last year and we are looking to add more people to help us continue and accelerate our growth.

Intern responsibilities include: Leading efforts on market research projects Analyzing trading activity and performance Shadowing electronic coverage desk gaining exposure to everyday client interactions Assist in putting together customized client reports Run various daily/weekly reports (p&l, market share..)"

I'd have to imagine most positions in the group are very sales oriented for marketing their bank's algos and services. Not speaking from 1st hand experience though.

 

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