J.P. Morgan has announced the global roll-out of J.P. Morgan Markets, its new multi-asset class trading platform. The US investment bank is bringing pre-trade, trade and post-trade functionality onto a single platform for the first time.
“We have created J.P. Morgan Markets to give clients an intuitive user experience, and a convenient and efficient way to trade across different asset classes, all in one place,” says Troy Rohrbaugh, global head of FX & Rates Trading. “By having a high degree of automation at every stage of a trade, clients will be able to focus on trading ideas rather than the increasing complexity of a post-regulatory world in trade execution, post-trade clearing, settlement and reporting.”
With a single log-in, the platform will offer clients the firm's research, analytics and structuring tools, multi-product trading and extensive post-trade capabilities. Over time, it will give access to liquidity across asset classes, market-leading algorithmic tools, and connectivity to various trading venues, as needed by clients or mandated by future regulations.
“Developing J.P. Morgan Markets has been a huge undertaking and, by the end of this year, we will have consolidated more than 30 platforms into one client offering,” says Peter Cherasia, global head of Markets Strategies. “It will enable us to quickly deliver innovative new products as we adapt to changing market conditions, and clients will find it a faster, more effective and transparent place to trade.”
It is envisaged that most existing clients and products will be fully onboard by the end of 2013. Functionality currently available to clients includes: pre-trade research and analytics, FX, rates and commodities trade execution and a number of post-trade services. Other pre- to post-trade functionality will be added throughout the rest of the year, or as market structure changes and new regulations are implemented.














Recent Stories