Now seen as the month that changed the world, Joe Parsons takes an in-depth look at how hedge funds and prime brokers responded to the economic crisis that ensued in March, and what the ‘new normal’ could for be the HF-PB relationship.
The first electronic invoice spread trade on Tradeweb was executed on the platform between Capula Investment Management with JP Morgan acting as the liquidity provider.
The US Department of Justice, CFTC, and SEC confirmed parallel actions against JP Morgan resulting in a record penalty for the years-long spoofing and manipulation activity.
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
Eurex has cleared the first USD SOFR swaps with JP Morgan and LBBW in latest development for the benchmark transition process.
Client report from JP Morgan reveals the bank has already executed 77% of its total 2019 volumes for portfolio trading.
Fredrik Giertz will implement machine learning technology to develop quantitative strategies for investable indices at JP Morgan.
Daniel Ciment will become COO of IEX Exchange after ten years with JP Morgan, most recently leading its electronic equities trading business globally.
Major partnership will provide mutual buy-side clients a real-time settlement solution, in the first of a series of ongoing front-to-back integration points between the two firms.
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.