JPMorgan Chase JPM JPMorgan Asset Management has signed an agreement to enhance its Morgan Money offering through a strategic partnership with GLMX, a global financial markets trading platform.
Morgan Money is a global trading platform that provides customized and effective short-term investment management solutions for institutional investors.
With $313 billion in assets under management as of June 30, 2024, the platform facilitates efficient liquidity and cash investment management, helping clients achieve maximum results with fewer resources. I’ll make it.
This partnership will give clients direct access to GLMX’s advanced trading technology, expanding their short-term investment options.
This integration provides a comprehensive suite of money market products, including money market funds, repurchase agreements, term deposits, CDs, commercial paper, and government bonds.
“This partnership with JPMorgan Asset Management supports investors’ desire to access the entire universe of investable short-term products in a seamless experience,” said Glenn Havlicek, CEO and co-founder of GLMX. This is the result of
“We aim to collaborate with industry leaders to deliver innovative and easily accessible solutions to our collective customers, and we look forward to bringing GLMX’s $3 trillion ecosystem to JPMorgan’s customer base. I will bring it.”
Also read: JP Morgan invests in Australian casino operator Star Entertainment: Details
Last week, JPMorgan expanded its Canadian operations by launching two active ETFs on the Toronto Stock Exchange.
Investors can access stocks through the iShares US Financial Services ETF IYG and SPDR Select Sector Fund – Financial XLF.
Price Action: JPM stock was down 0.07% at $210.78 at last check on Tuesday.
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