JP Morgan AM upgrading trading systems
The firm will be better able to source block liquidity in Asia as a result, says regional head equity trader Lee Bray. Meanwhile he is relaxed about potential curbs on dark pool usage.
JP Morgan Asset Management is upgrading its trading technology, with Lee Bray, recently appointed Asia head of trading, spearheading the efforts.
Bray moved to Hong Kong in April to head the firm’s Asia-Pacific equity trading desk after 13 years in its London office, and one of his first initiatives is to improve the firm’s technology. After reviewing the order management and execution management systems, the upgrade will take place next year.
Once the upgrades are complete, his…
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