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.

 

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