Major investment banks clear the first US interest rate swaps using US Libor alternative benchmark SOFR.
Tag: JP Morgan
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
Traders at JP Morgan allegedly traded at the 11.00am fixing time to manipulate the USD ISDAFIX interest rate swaps benchmark.
Trades by JP Morgan and Citadel processed by ‘no-touch’ platform designed to remove post-trade manual processes.
Mark Leung appointed as chief executive of JP Morgan’s China business including new securities venture.
Speakers at this year’s TradeTech conference were keen to extol the virtues of artificial intelligence and machine learning, but perceptions around transparency and trust must be addressed.
CFO Marianne Lake says JP Morgan has witnessed ‘material increase’ in electronic trading in the first quarter this year.
Asia Pacific equity trading desk at JP Morgan Asset Management is seeking to have 50% of trading flow driven by machine learning by the end of the year.