JP Morgan won't use non-bank liquidity providers in internal FX pool for now

Global fund performance — "We don't currently see the need for external providers to feed into our internal liquidity pool," says Richard James

- Eva Szalay
- 26 Aug 2016

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Despite JP Morgan forming a technology partnership with non-bank market-maker Virtu Financial in the US Treasuries markets, it currently has no plans to use third-party liquidity in its internal foreign exchange pool, the heads of the bank's e-FX desk told FX Week in an interview.

"We don't currently see the need for external providers to feed into our internal liquidity pool, because we are fortunate to have built a franchise that has the depth to meet most client demand, and we prefer being

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com

More on Algorithmic Trading

Tech and data

FX automation: mission incomplete?

This FX Markets webinar delves into the evolution of FX trading desks, the challenges to automating trade workflows, and what vendors and liquidity providers are doing to address this

12 Jun 2024

Trading Systems

Technology trends in capital markets: transforming the sell-side FX front office

The capital markets landscape is witnessing a technological revolution – a wave transforming the sell-side FX front office. Firms such as smartTrade Technologies are at the forefront of this transformation, leveraging technologies such as artificial…