JP Morgan traded $250 billion via NDF algos this year

A fifth of all the NDF algo volumes conducted by JP Morgan’s clients is being internalised

algos-and-trading_Getty-web.jpg
JP Morgan started offering its NDF algos to clients earlier this year

JP Morgan has traded $250 billion worth of non-deliverable forwards (NDFs) this year via algorithms, as the bank buttresses its capacity to internalise more of these trades and moves to increase market share.

One fifth of all the NDF algo volumes conducted by JP Morgan’s clients is being internalised, meaning that clients can access 20% more liquidity while using the bank’s machine-trading programs. Such internalisation not only broadens the available sources of liquidity for executing NDF algo

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

FX automation: mission incomplete?

This FX Markets webinar delves into the evolution of FX trading desks, the challenges to automating trade workflows, and what vendors and liquidity providers are doing to address this

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: