London, 13 October 2009 – J.P. Morgan Worldwide Securities Services today announced that its GlobeClear business has been appointed to provide European fixed income clearing and settlement for Knight Libertas UK, an institutional fixed income broker-dealer operated by Knight Capital Europe Limited.
Mike Reece, EMEA Head of Clearance sales and relationship management at J.P. Morgan Worldwide Securities Services, said: “We are delighted to support Knight as they expand their presence in European institutional fixed income across investment grade, high yield, asset backed securities and emerging markets. This is a significant opportunity for Knight and us to consolidate and underline our mutual commitment to this asset class.”
For more information about GlobeClear, please visit www.jpmorgan.com/globeclear. GlobeClear enables clearance for 22 exchanges and more than 60 OTC markets - including Federal Reserve and DTC clearance - through a single access point.
Knight Capital Europe Limited is a wholly owned subsidiary of Knight Capital Group, Inc. More information about Knight can be found at www.knight.com.
About J.P. Morgan Worldwide Securities Services J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of J.P. Morgan Chase Bank, N.A. (NYSE: JPM), WSS leverages the firm’s unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $13.7 trillion in assets under custody and $3.7 trillion in funds under administration. For more information, go to www.jpmorgan.com/visit/wss.
About JPMorgan Chase & Co. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.0 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan, Chase, and WaMu brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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