JP Morgan Garners Access to Block Liquidity Via SIX’s Liquidnet Service

JPMorgan will garner access to the largest pool of block Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in Europe via SIX Swiss Exchange and Liquidnet’s Service – the exchange’s partnership (SLS) will help provide improved average Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term sizes with optimized price improvement and minimal market impact, per a SIX statement.

SLS represents a lengthy accord between SIX Swiss Exchange and Liquidnet that was designed to help unite hundreds of buy-side institutions across upwards of thirteen markets. Per the latest access, SLS will be providing JP Morgan with access to block liquidity - JP Morgan is the latest company to connect to SLS in the recent months given a backdrop of rising volumes.

According to Gregor Braun, Head Product Sales at SIX Swiss Exchange, in a statement on the extension: "To enjoy the benefits of SLS, our participants can use their existing connection without any additional fees or contractual agreements. This extends to the post-trade arrangements which include interoperable CCP."

"This is a partnership that will add a unique pool of high quality liquidity to our client offering, consistent with our goal to provide the most diverse and optimal liquidity access,” added Chris Andrew, Executive Director at JP Morgan, in an accompanying statement.