Instinet Incorporated today announced the launch of Indigo, the latest addition to its global suite of advanced trade analytics and visualization tools.
Indigo is a next-generation, web-based platform. With it, users may construct custom dashboards for pre-trade applications and real-time trade monitoring using a growing library of charting, graphing and mapping widgets that are available on a stand-alone basis or via Newport®. Indigo enables:
• Forensic visual trade analysis
• Portfolio heat mapping
• Strategy comparison
• Risk factor visualizations
• Live volume analysis
• Real-time portfolio charting
Commenting on the launch, John Comerford, Head of Global Trading Research, said: "Buyside traders and PMs are today faced with an overwhelming amount of trading data. 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 visualization techniques, elegantly meets this need."
Indigo is available immediately for use in any of the 64 countries in which Instinet trades. It is the next generation of Instinet's existing pre-trade and real-time analytics tools, Insight Pre-Trade and Insight Real-Time.
Instinet's analytics suite—which comprises TradeSpex, Indigo and Insight—provides guidance throughout the entire investment cycle. Its three components work together to help users construct portfolios, define optimal execution strategies, monitor trades in real time and analyze completed orders.