Tag: JP Morgan

JP Morgan

JP Morgan Fined $920 Million Related to Spoofing Charges

Two US regulators, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), along with the US Department of Justice (DoJ) have levied fines totalling $920.2 million on JP Morgan over spoofing activities conducted by former traders in precious metals futures and US Treasury cash markets. The authorities say the activities of […]

Mobile Trading: Coming of Age

The growth path of mobile trading has been anything but meteoric, but a combination of greater awareness and necessity is finally bringing the channel towards the mainstream. In this supported article, Colin Lambert takes a look at the issues and talks to first mover JP Morgan about the evolution of mobile trading. A knee-jerk reaction […]

Citi, JPM, State Street Make Strategic Investment in Capitolis

Capitolis, an SaaS platform that provides financial resource optimisation for capital markets, today announces the completion of a strategic investment from Citi, JP Morgan and State Street. The transaction represents a collaborative effort by the three leading global financial institutions to drive further adoption of Capitolis’ proprietary technology platform, which helps financial institutions free up […]

ConsenSys Acquires JP Morgan’s Blockchain Platform

Blockchain software company ConsenSys today announced the acquisition of Quorum, an enterprise-variant of the Ethereum blockchain launched by JP Morgan (JPM) in 2016. The two firms have a history of collaboration after leading the creation of the Enterprise Ethereum Alliance, whose aim is to bring a Mainnet Ethereum client, Hyperledger Besu, to the Linux Foundation, […]

Marex Appoints Vittal in US

Commodities brokerage Marex Spectron has appointed Ram Vittal as CEO of North America. He will be based in New York and report to Ian Lowitt, group chief executive. He joins from JPMorgan Chase, where he was managing director and head of treasury services franchise client management spearheading client solutions leveraging data analytics and digital technologies. […]

Best FX Platform

P&L Report Card It may be a surprise to some that we do not view this as the most competitive category in these awards, and that is thanks to the sheer scale of two platforms in particular, Citi’s Velocity and JP Morgan’s eXecute. That is not to say that other excellent platforms do not exist, […]

Best Execution

P&L Report Card If the Best FX Platform Award was not the most competitive in the 2020 Digital FX Awards, it is because competition in the execution space has become white hot. While some players may not have the time and perhaps the resources to develop their single dealer platforms fully, they have most certainly […]

Awards for e-FX Excellence – JP Morgan

Aside from the multi-award winning mobile solution, everything we want to say about JP Morgan’s FX business has already been stated in our Best Execution and Best FX Platform awards, so we will focus our attention on other aspects of this superb platform’s offering. Before we do, however, it would be remiss not to detail […]

Digital FX Awards 2020: Winners Announced

The winners of the 2020 Digital FX Awards were unveiled during a Zoom Happy Hour that followed Profit & Loss’ first ever Dial-in Day, which attracted over 500 attendees. For the seventh year in a row, UBS won Best Multi-Asset Class Platform for Neo, the bank also went home with four other Awards. Continuing what […]

JPM Launches FX Pricing Engine in Singapore

JP Morgan has become the latest FX player to establish an e-FX trading and pricing engine in Singapore as it seeks to speed up execution for clients in the region. It joins a host of trading firms and platforms to set up a presence in the city state as part of a plan announced by […]