JPMorgan enhances multi-asset class offering
JPMorgan has unveiled a new and improved JPMorgan eXpress (JPEX) which is multi-asset class and now offers a true FX click and trade system.
JPMorgan has unveiled a new and improved JPMorgan eXpress (JPEX) which is multi-asset class and now offers a true FX click and trade system. This is the latest addition to the trading platform which has been enhanced over a number of years. JPEX offers firm streaming rates that are truly executable by a single click. Hitting a rate produces an order window which is pre-populated with the default requirements, when this is submitted the request is automatically filled at that rate or better.
Currently, in addition to FX, JPEX supports trading in eurobonds, government bonds, emerging market bonds, US Treasuries, Usd supranational bonds, Usd sovereigns and equity warrants. Clients can move between execution platforms with one click. The new release is part of the ongoing development of JPMorgan's cross product proprietary platform, Morgan Markets. Foreign exchange was added to JPEX at the end of 2002.