Asset managers pressured to enhance oversight of outsourcing partners
Regulatory pressures on asset managers to oversee and govern their outsourcing service providers has become a challenge for the buy-side.
Tag: JP Morgan
JP Morgan and Societe Generale invest in FinTech aiming to transform voice-traded markets
Wematch has 40 banks using its platform, having been part of FinTech programmes at both JP Morgan and Societe Generale.
JP Morgan fined $1.1 million for failing to disclose misconduct allegations to FINRA
FINRA has said JP Morgan filed allegations of misconduct of its employees up to two years later than required 89 times.
FX prime brokers JP Morgan and NatWest Markets join ECN Spotex
JP Morgan and NatWest will provide access to Spotex’s institutional FX electronic communication network.
JP Morgan EMEA equity sales head departs after almost a decade
Michael Wilson confirms his departure from JP Morgan, while Ludovic Peiron and Scott Mitchell are named co-heads of global equity derivatives sales and marketing.
JP Morgan to launch electronic currency trading platform in Singapore
JP Morgan will launch its fourth FX trading engine globally in Singapore in early 2020.
Foreign Exchange
JP Morgan doubles down on machine learning for FX algorithms
After launching its machine learning-based FX algo trading tool in April, JP Morgan says it is looking to increase adoption of the technology in FX.
Morgan Stanley tops US equities broker league for commissions
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.
JP Morgan and Goldman Sachs go live with CLS FX settlement
Same-day FX settlement service CLSNow has gone live with JP Morgan and Goldman Sachs among the first to use the platform.
Banks face legal action in the UK over FX rigging scandal
Investment firms affected by major FX rigging scandal at Barclays, Citi, RBS, JP Morgan and UBS are seeking compensation in the UK.