Dec 05, 2007
JPMorgan has been named as the Equities Derivatives House of the Year by derivatives week, the global newsweekly for over-the-counter derivatives professionals.
David Herzberg, global head of Equity Derivatives said: “We celebrate this award at JPMorgan as recognition for our clients’ successes. Our commitment to investing in people and technology has enabled us to re-engineer our Asian business, grow our flow franchise in Europe and expand our institutional business in the U.S. This award encourages us to continue strengthening our global equity derivatives franchise, keeping our clients at the heart of everything we do.”
Equity derivatives is a growth business for the investment bank and JPMorgan’s equity derivatives business covers all aspects of derivatives in all of the regions with an extensive product range that includes equity financing, flow derivatives, delta 1 and equity exotics and hybrids.
JPMorgan’s equity derivatives growth in the Emerging markets has been recognized by Asia Risk magazine, who named JPMorgan the Equity Derivatives House of the year in 2007. The derivatives week award also comes on the back of Risk magazine’s award for Best Derivatives House over the past 20 years (1987-2007). That award celebrates JPMorgan’s history as a pioneer in developing derivatives markets and recognizes the firm’s reputation for innovation across all asset classes.
derivatives week, in its coverage of JPMorgan and the recent award that was based on client testimonials and votes said: “JPMorgan is recognized for use of its strong balance sheet to win over customers with non-recourse margin financing and warehousing transactions, as well as other equity derivative strategies. End users say the firm has reliably offered some of the best pricing across a wide range of flow and structured equity derivatives this year.”