JP Morgan Joins ISE Via Actant
EXCHANGE TECHNOLOGIES
NEW YORK--JP Morgan, the investment banking arm of JP Morgan Chase, has joined the International Securities Exchange as a competing market maker, using the Actant Aqtor front-end platform for trade execution and risk strategies. JP Morgan will use Aqtor for market making functions, including order entry, pricing models and writing custom trading strategies.
The deal, the terms of which were not disclosed, had been in the works for several months, says Kevin Kenety, CEO of Actant. The vendor
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