Expansion makes JP Morgan’s rates algo offering equal to its long-standing FX offering; bank is the first dealer to go live on Bloomberg for automated treasury execution.
Upcoming regulatory upheavals mean the research market is wide open for firms that can act “quickly and decisively”, Substantive Research told The TRADE.
The bank saw a 52% increase in net income in comparison with the first quarter of last year, reaching $12.62 billion.
The past week saw appointments from LSEG’s Turquoise, BlackRock, JP Morgan, Mizuho Americas and Kepler Cheuvreux.
Just under a third of respondents to JP Morgan’s annual e-trading survey expect inflation to increase in the UK in comparison with just 10% in the US.
New VP has been promoted internally, having spent nearly seven years with the bank.
The bank saw both reported revenue and net income increase year-on-year, but is maintaining a fortress balance sheet in expectation of turbulent times ahead.
Incoming individual will replace Billy Hult as he assumes the role of chief executive officer, replacing Lee Olesky who confirmed last year he would be stepping down.
Outlooks from players including Fidelity and JP Morgan are predicting an upturn for equities in 2023, despite an expected global recession, as the market prices in the risk and the Fed nears a rate-hike peak.
FlexTrade said actionable liquidity on European credit is now available within its EMEA trading workflow on the FlexTRADER FI execution management system.