JPMorgan taps SwapsWire's PBWire for OTC prime brokerage
JPMorgan is live on SwapsWire's PBWire and is using the system to automate the 'give up' of OTC interest rate derivatives for its prime brokerage clients. JPMorgan's PB product supported by PBWire offers clients and executing brokers real-time trade notifications, STP and electronic confirmations. Currently 15 dealers use PBWire to provide trade notifications and electronically confirm executed trades.
Executing brokers use PBWire to se
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