JP Morgan seeking tech talent to bolster credit trading
JP Morgan is looking to grow its credit trading technology team globally by 15%, with new teams being established in Chicago and Herzliya in Israel.
Tag: JP Morgan
FX trading ‘Cartel’ acquitted of benchmark rigging in the US
Traders from JP Morgan, Barclays and Citi allegedly used chatrooms to rig benchmark exchange rates between 2007 and 2013.
Morgan Stanley, Credit Suisse and JP Morgan clear first OTC SOFR swaps with CME
Five major market participants have cleared $200 million in notional of OTC SOFR swaps since CME launched the product in May this year.
JP Morgan launches OTC client clearing via ASX
JP Morgan becomes the first ASX OTC clearing participant to launch an agency clearing service for AUD and NZD denominated derivatives.
JP Morgan to cut around 100 jobs in asset management
Approximately 100 jobs will be cut across the asset management business at JP Morgan as part of a routine review, according to the bank.
trueEX exploring sale of post-trade derivatives platform
Derivatives platform truePTS launched just under three months ago, but trueEX confirms it is looking for a buyer.
JP Morgan, Franklin Templeton back blockchain FinTech with $32 million investment
Axoni closes Series B funding round with participation from JP Morgan, Wells Fargo, Franklin Templeton Investments and NEX Group.
Barclays, JP Morgan and NEX target voice trading with $14 million investment
Major institutions back cloud-based voice communications FinTech firm Cloud9 Technologies with latest investment round.
Credit Suisse, Goldman Sachs and JP Morgan clear first SOFR swaps with LCH
Major investment banks clear the first US interest rate swaps using US Libor alternative benchmark SOFR.
Buy side
Buy-side voluntary clearing set to take off
Regulation and collateral costs have made the cleared derivatives market much more attractive for the buy-side. Joe Parsons asks what else will it take for them to voluntarily take part?