Tag: J.P. Morgan

Forex Weekly Look Back
May 07, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: CEO Alex Pusco talks ActivTrades social trading platform development, SEC Chairman plans to tackle ‘gamification’

Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex.  This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…

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clsnet
February 12, 2020 BY Valentina Kirilova

Actinver, BNP Paribas, Citibank and J.P. Morgan join CLS’s DLT bilateral payment netting service

CLS, a market infrastructure delivering settlement, processing and data solutions, has just announced that Actinver, BNP Paribas, Citibank and J.P. Morgan are now live on CLSNet. The aforementioned giants joined the standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform, earlier this week, increasing its…

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clsnet
September 09, 2019 BY Valentina Kirilova

Spotex signs FX prime brokers J.P. Morgan and NatWest Markets

FX prime brokers, J.P. Morgan and NatWest Markets announced earlier today that they are now providing access to Spotex’s institutional ECN. Both companies join as Spotex is expanding its presence in the institutional FX market segment with the firm’s introduction of new disclosed direct market access (DMA) liquidity pools as well as other initiatives to…

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CLS
July 31, 2019 BY Valentina Kirilova

CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first

CLS, a market infrastructure group delivering settlement, processing and data solutions, has today launched CLSNow, a bilateral, same-day FX gross payment-versus-payment (PvP) settlement service. J.P. Morgan and Goldman Sachs are reported to be the first banks to go live on the service. CLSNow enables banks to exchange currency positions with mitigated settlement risk on a…

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J.P. Morgan goes live with client clearing at LCH CDSClear
July 04, 2018 BY Valentina Kirilova

J.P. Morgan goes live with client clearing at LCH CDSClear

LCH, a global clearing house, has announced that J.P. Morgan has gone live as CDSClear’s first US bank to offer client clearing. As a result, Swedish pension fund AMF is now clearing European and US credit default swaps through CDSClear, using J.P. Morgan Securities Plc as its clearing broker. This development is the latest achievement…

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August 31, 2017 BY Valentina Kirilova

JP Morgan adds FX OTC clearing via LCH ForexClear

Multinational banking and financial services holding company J.P. Morgan (NYSE:JPM) announced that clears its first NDF trades with LCH ForexClear on behalf of non-member clients since the introduction of uncleared margin rules FX is the latest addition to J.P. Morgan’s OTC clearing offering and highlights its commitment to providing clients a comprehensive platform across all…

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April 12, 2017 BY Valentina Kirilova

Broadridge, J.P. Morgan, Northern Trust and Banco Santander complete pilot of blockchain-based proxy vote solution

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR), J.P. Morgan, Northern Trust and Banco Santander today announced the successful completion of a pilot which employs a blockchain technology to enhance global proxy vote transparency and analytics. The pilot, Broadridge’s first application of blockchain technology, provides transparency by adapting distributed ledger technology capabilities to provide daily…

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Bank of China (UK) Limited joins LCH’s SwapClear
November 02, 2016 BY Valentina Kirilova

LCH to launch LCH SwapAgent, a centralised service for the non-cleared derivatives market

The global clearing house LCH has announced today that it will be launching a new service for the non-cleared derivatives market. LCH SwapAgent will benefit from LCH’s expertise in serving and managing risk for the cleared rates & FX derivatives market, providing market participants with a number of solutions designed to materially improve standardisation, efficiency…

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September 07, 2016 BY Valentina Kirilova

Graham Wright to join LCH Limited Board as an independent non-executive director

The international clearing house LCH has announced that Graham Wright joins the LCH Limited Board as an independent non-executive director. Wright is currently Chief Information Security Officer and Global Head of Digital Risk for National Grid and will bring substantial technology, operations and operational risk experience to LCH’s UK entity. Previously, he has held a number of senior…

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