Foreign Exchange

As a top-tier liquidity provider, J.P. Morgan offers comprehensive solutions enabling clients to uncover their potential in today’s FX market. We offer competitive pricing across 300 currency pairs in cash and derivative products. Clients benefit from a full spectrum of currency services — from exotic options to algorithmic trading; from major currencies to emerging markets — including:

Sales and Trading
Online tools
Research

Sales and Trading
J.P. Morgan provides innovation, consistency and competitive prices across a full range of products and trading services.

Our sales teams are based in major foreign exchange hubs such as New York, London, Hong Kong, Singapore and Tokyo. We are also a leader in Latin America, Eastern Europe and Asian emerging markets, with a local sales and market-making team in many of these locations to ensure we are on hand to respond to our clients with the best advice.

Our FX and e-Commerce solutions give our clients a competitive advantage for pre-trade, trade and post-trade through:

Fast, competitive and consistent pricing in spot, forwards, options, non-deliverable forwards and cross-currency swaps
Currency option services
AlgoX, our suite of algo FX trading strategies which allow clients to trade on the best market price possible
Trading activity in all freely convertible currencies — as well as all major emerging market currencies where we provide onshore and offshore capabilities
24-hour coverage, allowing us to handle sizeable trades and special transactions
Market-leading economic, fundamental and technical research and value-added strategy recommendations
Design and implementation of tailored solutions, including accounting and taxation advice
Responsive provision of foreign exchange liquidity offering dynamic and tailored solutions

Online tools
The following tools provide clients with FX solutions to equip them for today's FX market. MorganDirect Professional and MorganDirect Commercial enable clients to seamlessly execute their FX transactions, and Treasury Online offers FX trading and treasury management tools for corporate clients.

MorganDirect Professional
MorganDirect Professional offers direct access to the FX market and an advances suite of execution tools including AlgoX, our diverse range of algorithmic trading strategies. Clients benefit from a full order management system and use of the platform from an Android™, BlackBerry®, iPhone™ or iPad™. MorganDirect also offers advanced trading execution in interest rate, metals and credit products. Learn more.

MorganDirect Commercial
MorganDirect Commercial simplifies your foreign exchange execution executions by integrating trade execution with confirmation, settlement and payment functions. This online tool eliminates the need for faxes, phone calls and other time-consuming manual processes, making execution more efficient. Learn more.

Treasury OnLine
Treasury OnLine is a customizable set of online treasury management tools developed to meet the specific needs of corporate clients. The solution offers an integrated platform across FX trading and treasury management. It delivers critical reporting and transaction capabilities for FX dealing, risk analysis, inter-company netting and cash flow forecasting. Learn more.

Research
J.P. Morgan’s award-winning global research team offers comprehensive foreign exchange, economic and derivative research and analysis to assist clients in their hedging, trading and investment decisions. The team publishes weekly, monthly and quarterly reports on all aspects of the foreign exchange markets. In addition, the team works closely with individual clients to provide tailored analysis to meet their specific needs.

MorganMarkets, the firm’s research website, provides a single portal allowing clients to access all of J.P. Morgan’s analysis and commentary on a timely basis. (Client access required.)