J.P. Morgan includes US Treasuries on Morgan eXpress to Offer Single Platform for Live Trading of Global Government Bonds.Business Editors NEW YORK--(BUSINESS WIRE)--July 12, 2000 Building on recent e-finance initiatives and the successful launch of the world's first electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. system for Japanese Government Bonds, J.P. Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. , the leading innovator in the multitrillion-dollar government bond market, today expanded its bond trading electronic platform, J.P. Morgan eXpress, to include live trading of US Treasuries. The addition of US bonds through European hours to the recently launched live trading of Japanese Government Bonds through Tokyo and European hours and Morgan's existing European bond electronic trading service will produce a unique online government bond trading function. With this selection of securities, J.P. Morgan eXpress will be the first electronic trading system offering a click and trade functionality for global government bonds from a single trading platform. J.P. Morgan eXpress provides clients with a single trading platform that has live tradable prices with a 100% automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. order acceptance functionality. This enables clients to execute their orders at the price displayed in time frames of less than two seconds. The service is currently offered via Bloomberg on JPEX with further information available on www.jpmorganexpress.com. Richard Berliand, global head of marketing for J.P. Morgan's Flow Business remarked: "Driven by client demand, the product has expanded rapidly this year to include European strips and bond options. The addition of JGB's and US Treasuries through European hours is a huge step in differentiating ourselves from other electronic systems in the marketplace. The firm expects to offer global corporate and local market bonds in the near future." J.P. Morgan is one of the largest interest rate trading firms with 24-hour dealing capabilities. The firm's three main regions - London, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Tokyo - are extensively staffed in trading distribution and research, providing true global trading and distribution capabilities. Recent e-trading innovations include: BondClick, an electronic bond trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. with five other market makers; MarketAxesss, an independent company offering a comprehensive multi-dealer fixed income transaction platform serving institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. ; Securities.Hub, a company that hosts a series of online portals linking several securities firms and dealers with institutional investors; Creditex, a platform for the on-line trading of credit derivatives Credit Derivative Privately held negotiable bilateral contracts that allow users to manage their exposure to credit risk. Credit derivatives are financial assets like forward contracts, swaps, and options for which the price is driven by the credit risk of economic agents (private supplying information on the over-the-counter derivatives market The derivatives markets are the financial markets for derivatives. The market can be divided into two, that for exchange traded derivatives and that for over-the-counter derivatives. and credit risk applications. J.P. Morgan & Co. Incorporated is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm that meets critical financial needs for business enterprises, governments, and individuals. The firm advises on corporate strategy and structure, raises capital, makes markets in financial instruments, and manages investment assets. Morgan also commits its own capital to promising enterprises, and invests and trades to capture market opportunities. The company's web address is www.jpmorgan.com. |
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