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 doneâ€Â, “one cancels other†and “if done one cancels otherâ€Â†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 cancelledâ€Â,“immediate or cancelâ€Â, “good till a specified date or time†and “good for...continued
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