BNP Paribas plans pre-trade analytics service

BNP Paribas is planning to launch a pre-trade analytics service to help customers determine whether to use an algorithmic strategy or some other method when executing a trade.

BNP Paribas is planning to launch a pre-trade analytics service to help customers determine whether to use an algorithmic strategy or some other method when executing a trade.
A customer would fill out a basic questionnaire and the bank will suggest a bundle of options for handling the order as well as providing some analytics on the expected performance of the various algorithms on offer.
The bank has not set a launch date but it expects to begin offering the service in the first quarter of 2015.