Neovest wins Overall Outperformer North America

E-trading platform scoops award as volatility soars. Neovest's Sukh Bachal and Annalices Villapa collect the award for Overall Outperformer North America, 2022 as voted by buy-side participants for the TRADE ems survey.

 

November 2nd, 2022

Clients have rated multi-broker trading platform Neovest among the best in the business.

The platform was named outperformer of the year in North America, based on the views of almost 400 buy-side market players in a poll by TRADE magazine. 

Neovest, a wholly-owned subsidiary of J.P. Morgan, is an order and execution management platform to more than 600 buy-side clients and 4,300 end users. Using the platform, they can trade equities, futures and listed options as well as foreign exchange. Clients can trade via traditional desktop or via the mobile app.

Neovest has benefited from a recent major investment program to scale up its capabilities and has witnessed strong growth in recent years. Owing to its stability and resilience, clients have repeatedly turned to the platform at times of severe market stress, particularly during the pandemic.

During March-April 2020, the platform handled ten of its top 20 days of all time in trading volumes as volatility surged in response to the growing uncertainty generated by COVID-19.

That trend has continued this year with inflation, recession fears and war in Ukraine fueling market uncertainty. Volumes have soared as more macro hedge funds seek out the platform and place record bets on the future. 

In the poll, clients scored the Neovest team highly for its customer service and focus on modernizing its technology.

TRADE magazine also highlighted the platform's fast onboarding time for clients, typically under one month, and the convenience of having all assets available on one multi-channel platform.

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