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PrintOct 20, 2008
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J.P. Morgan has been named the Equity Derivatives House of the Year for the second year in a row by Derivatives Week the global weekly publication for the over-the-counter derivatives industry. Commenting on the award, David Herzberg, global head of Equity Derivatives said, “J.P. Morgan’s investment in the Equity Derivatives business during the last few years has created an extremely powerful and market leading business platform. This award is a tribute to the continuing strength, breadth and sheer quality of that platform and to J.P. Morgan’s ability to provide consistent and stable support to its clients in both good and challenging times.” |
In its coverage of the awards, which were judged on the basis of market intelligence, client testimonials and editorial input, Derivatives Week praised the firm for introducing several innovations that “gave it an edge” and highlighted how it had demonstrated its “nimbleness” by “recycling risk effectively, launching a syndication function as the liquidity crunch intensified, and increasing its non-recourse financing business."