  We report results from a systematic study of the spectral energy distribution
(SED) and spectral evolution of XTE J1550--564 and H 1743--322 in outburst. The
jets of both sources have been directly imaged at both radio and X-ray
frequencies, which makes it possible to constrain the spectrum of the radiating
electrons in the jets. We modelled the observed SEDs of the jet `blobs' with
synchrotron emission alone and with synchrotron emission plus inverse Compton
scattering. The results favor a pure synchrotron origin of the observed jet
emission. Moreover, we found evidence that the shape of the electron spectral
distribution is similar for all jet `blobs' seen. Assuming that this is the
case for the jet as a whole, we then applied the synchrotron model to the radio
spectrum of the total emission and extrapolated the results to higher
frequencies. In spite of significant degeneracy in the fits, it seems clear
that, while the synchrotron radiation from the jets can account for nearly 100%
of the measured radio fluxes, it contributes little to the observed X-ray
emission, when the source is relatively bright. In this case, the X-ray
emission is most likely dominated by emission from the accretion flows. When
the source becomes fainter, however, the jet emission becomes more important,
even dominant, at X-ray energies. We also examined the spectral properties of
the sources during outbursts and the correlation between the observed radio and
X-ray variabilities. The implication of the results is discussed.
