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E-mail: J.P. Morgan Announces Successful Transition to Three-Way Trade Confirmation for Tri-Party Repo Clients

J.P. Morgan today announced that its active tri-party repo clients have successfully completed the transition to three-way trade confirmation as mandated by the Tri-Party Repo Market Infrastructure Reform Task Force. By value, 99% of all tri-party repos booked daily through J.P. Morgan are now confirmed by both counterparties.

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