JP Morgan adds four more currencies to swap platform

The four currencies join the euro, sterling and US dollar on the platform, which is accessible through Bloomberg.

“JPMorgan is proud to be the first dealer to provide clients with an electronic offering in interest rate swaps for these currencies," said Mike Stewart, head of markets for central and eastern Europe, Middle East and Africa at JPMorgan.

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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