Foreign Exchange
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PrintJ.P. Morgan is a market leading liquidity provider to the global foreign exchange markets. The firm is a market maker in 200 currency pairs in spot, outright forwards, NDFs, option contracts, cross-currency swaps and exotic currencies. Historically, external surveys have repeatedly acknowledged J.P. Morgan as one of the world's leading banks in the $1.5 trillion a day foreign exchange market. Learn more about our Foreign Exchange capabilities:
Sales and Trading
Whether on the corporate, institutional or inter-bank side, J.P. Morgan is a major participant in the foreign exchange markets, providing our clients with global service and solutions. The bank primarily operates from three major foreign exchange hubs: New York, London and Tokyo. We are also a market leader in Latin America, Eastern Europe and Asian Emerging Markets, with a local sales and market making team in many of these locations to ensure we best understand and cater for our clients' needs.
As a top global provider of foreign exchange liquidity we are sensitive to the demands of the market and are responsive to client demand, offering dynamic and bespoke integrated solutions as well as pre-trade, trade and post trade services. We provide fast, competitive and consistent pricing across a comprehensive range of products including: spot, forwards, options, non-deliverable forwards, and cross-currency swaps. We trade in all freely convertible currencies with 24-hour coverage on all market days including all major emerging market currencies where we provide onshore and offshore capabilities.
J.P. Morgan trades the full spectrum of currency derivative products from plain vanilla to exotic options including all major currencies and the emerging market currencies. We have options specialists located in all major foreign exchange centers that develop client-specific option-based currency strategies backed by fundamental and technical analysis. We offer proprietary risk management tools enabling clients to measure quantify and manage their cross-currency exposures.
Our sales force is aligned against specific countries, industries and clients, offering custom-tailored strategies adapted to each client's business imperatives, trading, hedging styles, investment preferences and risk appetite.
Electronic Trading
J.P. Morgan's market leading FX e-Commerce solutions offer transparent pricing, speed of execution and Straight Through Processing (STP) across spot, forwards, and currency swaps. In addition, proprietary risk management tools enable clients to measure, quantify and manage their cross-currency exposures. A combination of the J.P. Morgan platforms MorganMarkets and eFX provide access to these capabilities.
Research
As part of J.P. Morgan's award winning global research group, our foreign exchange, economic and derivative research delivers comprehensive and innovative research products to assist clients in their hedging, trading and investment decisions. The team supports the firm's clients in the spot, forward and derivative markets. The team publishes weekly, monthly and quarterly analysis on all aspects of the foreign exchange markets. In addition the team works closely with individual clients providing bespoke analysis to meet their specific needs.
MorganMarkets, the firm's research website, provides a single point allowing clients to access all of J.P. Morgan's analysis and commentary on a timely basis (client access required).