Currenex, the online global currency exchange, announced today that JPMorgan will be the first bank to provide automated pricing on its FXtrades service.
Currenex has worked closely with JPMorgan to link their automated pricing systems, so that clients on the Currenex service can now access 24-hour automated pricing. “JPMorgan is committed to driving the evolution of foreign exchange and to creating a more efficient market for our clients,” says Adam Burke, Global Head of FX Ecommerce at JPMorgan. “Our collaboration with Currenex continues this process by enabling our mutual clients to execute their trades in the fastest and most effective manner. The speed with which JPMorgan and Currenex have been able to deliver fully automated pricing is a testament to the professionalism of both teams, and Currenex’s high level of responsiveness to their clients’ needs.”
“Our integration strategy is driven by our clients’ requirements, and integration with a leading bank liquidity provider like JPMorgan ensures our clients’ increased speed of execution,” said Lori Mirek, President and CEO at Currenex. “This exciting development with JPMorgan highlights the superior design for ease-of-integration of the Currenex service with our members’ operations.”