MorganDirect offers algos, options trading
NEW YORK - JP Morgan launched execution algorithms and options trading on its proprietary electronic commerce platform, MorganDirect, last Wednesday (September 23).
AlgoX executes orders at the best bid/ask prices available in the market, with a smart order router that aggregates multiple liquidity sources, where trades are either matched to JP Morgan's liquidity or routed out to external liquidity sources. Larger orders can be algorithmically dispersed into multiple smaller orders and executed
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