Foreign Exchange

J.P. Morgan is a top tier liquidity provider in global FX markets offering competitive pricing across 300 currency pairs in cash and derivative products. We offer a full spectrum of currency services – from plain vanilla to exotic options; from major currencies to emerging markets – including:

Sales and Trading
Online tools
Research

Sales and Trading
J.P. Morgan has sales teams based in 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 are on-hand to respond to our clients with the best advice.

Our market-leading FX and e-Commerce solutions give our clients a competitive advantage for pre-trade, trade and post trade through:

Fast, competitive and consistent pricing in spot, forwards, options, non-deliverable forwards, and cross-currency swaps.
Trading activity in all freely convertible currencies – with 24-hour coverage – as well as all major emerging market currencies where we provide onshore and offshore capabilities.
Market-leading economic, fundamental and technical research and value-added strategy recommendations.
Design and implementation of tailored solutions including accounting and taxation advice.
Responsive provision of foreign exchange liquidity offering dynamic and tailored solutions.

Online tools
The following tools are designed to meet your FX needs. MorganDirect Professional and MorganDirect Commercial enable you to seamlessly execute your FX transactions. Treasury OnLine offers FX trading and treasury management tools for corporate clients.

MorganDirect Professional
MorganDirect Professional gives you the power to efficiently execute FX transactions online using a firm streaming price. It is one of the first e-Trading platforms that gives the user the ability to leave and monitor spot orders remotely with a BlackBerry® smartphone. MorganDirect also offers advanced trading execution in interest rate derivatives. Learn more.

MorganDirect Commercial
MorganDirect Commercial simplifies your foreign exchange execution by integrating trade execution with confirmation, settlement and payment functions. This on-line tool eliminates the need for faxes, phone calls, and other time-consuming manual processes, making you more efficient. Learn more.

Treasury OnLine
Treasury OnLine is a customizable set of online treasury management tools developed to meet the specific needs of corporate clients. The solution offers an integrated platform across FX trading and treasury management. It delivers critical reporting and transaction capabilities for FX dealing, risk analysis, inter-company netting and cash flow forecasting. Learn more.

Research
J.P. Morgan's award winning global research group offers comprehensive foreign exchange, economic and derivative research and analysis to assist clients in their hedging, trading and investment decisions. The team publishes weekly, monthly and quarterly reports on all aspects of the foreign exchange markets. In addition, the team works closely with individual clients to provide tailored analysis to meet their specific needs.

MorganMarkets, the firm's research website, provides a single portal allowing clients to access all of J.P. Morgan's analysis and commentary on a timely basis. (Client access required).