JPMorgan Serves as T-Zero Prime Broker
DERIVATIVES TECHNOLOGIES
NEW YORK-T-Zero, an electronic platform for credit derivatives affirmations, went live last week with a prime brokerage interface, and JPMorgan was one of the first clients to process a trade with T-Zero, according to officials from both companies.
Ilex Asset Management made its first trades via T-Zero using JPMorgan as the derivatives prime broker. The new offering from T-Zero is an "extension of our affirmation platform," says Mark Beeston, president of T-Zero.
Clients can get same-day trade
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