JPMorgan launches Treasury eXpress

JPMorgan has recently launched Treasury eXpress, an electronic system which streamlines the transaction processes treasury center's have with their subsidiaries. Treasury eXpress gives central treasury the ability to manage foreign exchange across geographically dispersed offices in a secured channel. It provides head office with a central view of all the subsidiaries activities and an ability to monitor real-time exposure.Trades from all subsidiaries can be netted together to retain maximum value for the whole group and result in pricing advantages. The system has great flexibility in terms of pricing trades. Head Office can either trade all or part of the trades on behalf of the subsidiaries, even applying an internal margin or they can allow the subsidiaries to execute the trades. JPMorgan's electronic FX trading capabilities combine access to market-leading liquidity, powerful trading tools and integrated STP to revolutionise the way their clients transact FX....continued

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