J.P. Morgan: Establishes an Electronic Foreign Exchange (FX) Trading
- JPMorgan Chase & Co is a leading global financial services firm with assets of $2.7 trillion and operations worldwide
- Announced that its new electronic FX trading and pricing engine, designed to speed up trade executions for clients
- The new trading engine J.P. Morgan’s fourth electronic FX trading infrastructure globally that allows clients to conduct FX transactions
- Covering a full range of FX and precious metals the new platform demonstrates the firm’s continued investment in this space for its clients
- The platform will help to support the increased trading flows we’re seeing in Asia’s leading FX trading center
- The partnership with MAS is part of the central bank’s strategic initiative to develop Singapore into a global price discovery
