Prime Services
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PrintJ.P. Morgan's Prime Brokerage business offers a variety of innovative solutions and capabilities across:
Financing
J.P. Morgan offers a flexible financing platform that can be customized to suit your trading style and strategy. Innovative solutions allow us to incorporate a wide range of asset classes, including equities, fixed income securities and derivatives in either physical form or through synthetic products-all sitting centrally in a single prime brokerage account. Our dedicated global team works seamlessly with risk and relationship managers to ensure our clients can optimize their portfolios and maximize their returns.
MasterSwap, a synthetic asset trading platform, leverages the existing strengths of the Prime Services businesses. Learn more about MasterSwap.
Securities Lending
At the heart of our Equity Finance business is our ability to borrow and lend securities to facilitate clients who wish to create short exposure. As one of the largest market participants, we have built successful and longstanding relationships with custodial lenders, agent banks and asset managers and can offer access to significant exclusive portfolios that cover the full range of equity and fixed income assets. Utilizing the firm’s market-leading technology, our seasoned team of market professionals have created an award winning platform that makes J.P. Morgan a leading player in the Prime Brokerage market. Key to this success is the ability to interchange physical and derivative instruments effortlessly within a client’s prime brokerage account and our clients have a number of available alternatives such as Swaps, Contracts-for Difference (CfDs), Futures & Options and specialist market access products (MAPs). This is particularly effective where traditional borrowing of securities is restricted.
Clearing and Custody
J.P. Morgan is well positioned to provide excellent service to clients transacting business in securities around the world. We provide securities clearance and custody services in more than 80 markets worldwide and for all asset classes – including equity, fixed income and FX, swaps and options, futures and other derivatives. With such a diverse and sophisticated client base, J.P. Morgan has built a robust institutional suite of clearing and custody system capabilities. Our automated, real-time systems provide consistent and precise information on trades, with communication to trading, financing systems and clearing banks.
Foreign Exchange and Precious Metals Prime Brokerage
J.P. Morgan's foreign exchange intermediation model provides the ability to trade with broad range of executing banks and face J.P. Morgan as principal. Along with an efficient and broad access to liquidity, clients can connect to our proprietary streaming API, to all major ECN platforms and over 200 currency pairs.
Our market leading straight-through processing platform enables high-volume execution across spot, forward, swap, option and exotic markets with ease. J.P. Morgan's web-based portal provides access to real-time P&L and position management as well as J.P. Morgan's proprietary roll management interface.
Cash and Liquidity Management
J.P. Morgan's Cash and Liquidity Management group supports more than $85 billion (as of June 30, 2009) of cash investments through a comprehensive money market fund platform. Investment options include a wide range of money market fund offerings that provide our clients with the most comprehensive liquidity solutions. Staffed by a dedicated team of seasoned professionals, clients receive first-rate service and support and access to a team with depth and breadth of experience and long-standing relationships with senior money market fund managers across the globe.
Integrated Prime Brokerage and Custody Services
J.P. Morgan offers unique and comprehensive solutions that enable Prime Brokerage clients to use a custodian to hold long positions. Clients may keep long assets at JPMorgan Chase Bank, N.A., (''JPMCB''), a wholly-owned banking subsidiary of JPMorgan Chase & Co., taking advantage of its premier, dedicated global custody business. Clients participating in the integrated offering benefit from consolidated reporting, automated collateral movements and single point of contact. Learn more about our comprehensive custody and fund services capabilities.
Electronic Client Solutions
J.P. Morgan has several trading applications for portfolio trading and trade order entry systems. Our goal is to be system agnostic and to integrate the best electronic trading solution for our clients. Learn more about our Electronic Client Solutions.