JP Morgan has unveiled its new multi-asset class trading platform JP Morgan Markets, which combines pre-trade, trade and post-trade functionality onto a single platform.
Designed for a post-regulatory trading environment, the service will offer a seamless client experience throughout the entire trade lifecycle, claims the US firm.
JP Morgan FX & Rates Trading global head Troy Rohrbaugh said the new platform offers clients a convenient and efficient way to trade across different asset classes, at one place.
"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," Rohrbaugh added.
Through a single log-in, the new service will cater clients with various products and services including research, powerful analytics and structuring tools, multi-product trading and extensive post-trade capabilities.
Eventually, it will also provide access to liquidity across asset classes, market-leading algorithmic tools, and connectivity to countless trading venues, as required by clients or future regulations.
JP Morgan markets strategies global head Peter Cherasia stated, "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."
JP Morgan Corporate & Investment Bank provides banking, markets and investor services in more than 100 nations across the globe.