Agency broker Instinet has launched a trade analytics tool that gives the buy-side greater scope to monitor trades in real-time and analyse executed trades using new visualisation technology.
The Indigo product joins the firm’s global suite of trade analytics and visualisation tools available as a web-based platform. Users can create custom dashboards, pre-trade applications and real-time trade monitoring.
Other features include portfolio heat mapping, strategy comparisons and live volume analytics.
“Buy-side traders and portfolio managers are today faced with an overwhelming amount of trading data,” commented John Comerford, head of global trading research. “As a result, they are increasingly looking to their brokers and technology providers to help them aggregate that information into an intuitive, flexible and easy-to-process format.”
“We believe that Indigo, with its customizable, widget-based architecture and advanced visualisation techniques, elegantly meets this need,” he added.
Indigo is available for use in the 64 countries in which Instinet trades. The firm’s TradeSpex and Insight analytics products, with Indigo, let users define optimal execution strategies in addition to trade monitoring and post-trade analysis.