MassMutual drives JP Morgan’s FX forwards surge with insurers

Counterparty Radar: Bank’s total values rise 72% in Q4 to crack top 10 dealer rankings for first time since Q2 last year

Forward-rate-agreement-market-in-trouble

A jump in trading by Massachusetts Mutual Life has helped JP Morgan increase its total value of foreign exchange forwards trades with US insurers by nearly three-quarters and sees the US bank leap back into the top 10 dealer list for the first time since Q2 last year.

Insurers added $1.33 billion of FX forwards with JP Morgan in Q1, taking its positions to $3.17 billion in total – a rise of 72% on Q4 last year, according to industry filings collected and analysed by FX Markets’ Counterparty

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

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: