JP Morgan offers FX valuation
NEW YORK - JP Morgan's product valuation unit, PricingDirect, began offering foreign exchange valuation services externally last Wednesday (September 16), in response to client demand.
Clients looking to introduce forex products into their portfolio or requiring daily mark-to-market valuation of FX products sold to them by third parties can get access to valuations from the unit. The unit sits within JP Morgan's global rates division and provides valuations for spot, cross-currency and FX swaps
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