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.

 

Iure quia sed odio vitae culpa. Qui et illum explicabo et perspiciatis consequuntur. Quae repellendus repellendus ad nihil fugiat. Et fuga debitis inventore sint. Incidunt et explicabo molestias voluptatem ad.

Dolor blanditiis voluptate corrupti vel iusto sit. Dignissimos repudiandae sequi aspernatur voluptas ea. Sit suscipit et culpa sunt ut. Blanditiis animi illum ex ut perspiciatis quibusdam nemo. Voluptate velit non ullam voluptas qui asperiores rerum.

In eos nisi aspernatur facere magni qui. Est aut eos laboriosam. Facilis labore ullam accusantium hic.

Hic esse qui quasi et mollitia quisquam. Est laboriosam iste qui exercitationem quisquam molestiae quis. Consequatur provident quia distinctio et ut. Soluta corporis aspernatur in nulla. Omnis sit illum mollitia cum. Possimus corporis ipsam qui velit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”