JP Morgan Unveils Repo Trade Matching Engine

JP Morgan Worldwide Securities Serviceshas rolled out its Repo Trade Matching Engine. The new trade matching functionality can take trade instructions through a variety of different messaging types from Tri-Party Repo Cash Lenders.

Lenders, such as asset managers, pensions and government institutions, can view the matching status of their trades via JP Morgan’s proprietary Repo Access platform. Tri-Party Repo Dealers can view the matching status of their trades through JP Morgan’s Broker Dealer Automated System.

Click here for the release fromJP Morgan.