JPMorgan unveils new enhancements to JPMorgan eXpress FX

JPMorgan has unveiled a new and improved JPMorgan eXpress (JPeX FX) which now has the ability to display and trade from indicative cross currency pairs and a sophisticated electronic order book which includes conditional orders.“In addition to the standard order types offered on JPeX FX, clients can now place “if done”, “one cancels other” and “if done one cancels other”” says says Elena Theodorou, Head of FX eCommerce Sales – EMEA. All order types will be automatically filled by JPMorgan, are executed against their firm streaming price and allow optional partial fills. They have introduced a dynamic display of orders in progress and have a variety of order expiry types. These include “good till cancelled”,“immediate or cancel”, “good till a specified date or time” and “good for x number of seconds”....continued