[ O U T S O U R C E D T R A D I N G S U R V E Y ]
JonesTrading
JonesTrading |
2024 |
2023 |
Global Average |
Difference with Global |
Coverage |
6.54 |
6.41 |
6.21 |
0.33 |
Execution |
6.38 |
6.48 |
6.22 |
0.16 |
Operations and Post-Trade |
6.54 |
6.41 |
6.23 |
0.31 |
Client Service and Relationship Management |
6.31 |
6.78 |
6.28 |
0.02 |
Trade Decision Support |
6.31 |
6.33 |
5.91 |
0.40 |
IPO Process and Allocations |
5.29 |
- |
5.33 |
-0.04 |
Onboarding |
6.50 |
6.48 |
6.09 |
0.41 |
Service Level Factors |
6.50 |
- |
6.16 |
0.34 |
Cost vs Value |
6.67 |
6.48 |
5.97 |
0.70 |
Average |
6.34 |
6.48 |
6.04 |
0.29 |
It has been a strong 12 months for JonesTrading , with an overall average score of 6.34 , resulting in the provider sitting comfortably above the overall global average . Over the past year , there has been an increased interest in fixed income outsourced coverage , notes JonesTrading . Similarly , throughout 2023 and the first half of 2024 , firms have been exploring AI platforms , with the intention of making their traders more efficient and staying fully informed . JonesTrading has been one of these firms , making multiple investments and ensuring it improves its service throughout the past 12 months . This includes migrating its internal order management system ( OMS ) to a superior platform , expanding its fixed income coverage team , and adding more technology offerings – all in line with client demand . It should also be noted that Jones has made improvements to its JET electronic trading – offering
Chart 1
customisation of the strategies they offer each individual client . These improvements have clearly been appreciated with nearly every category receiving ratings of Very Good , with the exception of IPO Process and Allocations ( 5.29 ). However , only just over half of Jones ’ clients rated this category . If you
42 // Outsourced Trading Handbook // 2024