We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

As a global leader, we deliver strategic advice and solutions, including capital raising, risk management, and trade finance services to corporations, institutions and governments.

Learn more about our solutions:

  

Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.

Learn more about our solutions:

  

We are a leader in investment management, dedicating to creating a strategic advantage for institutions by connecting clients with J.P. Morgan investment professionals globally.

Learn more about our solutions:

    

Our financial advisors create solutions addressing strategic investment approaches, professional portfolio management and a broad range of wealth management services.

Learn more about our solutions:

    

Leverages cutting-edge technologies and innovative tools to bring clients industry-leading analysis and investment advice.

Learn more:

    

The latest news and announcements.

Learn more:

    

For company information and brand assets for editorial use.

Learn more:

    

The latest news and announcements.

Learn more:

    

In a fast-moving and increasingly complex global economy, our success depends on how faithfully we adhere to our core principles: delivering exceptional client service; acting with integrity and responsibility; and supporting the growth of our employees.

Learn more:

    

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. As announced in early 2018, JPMorgan Chase will deploy $1.75 billion in philanthropic capital around the world by 2023. We also lead volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.

Learn more:

    

With over 50,000 technologists across 21 Global Technology Centers, globally, we design, build and deploy technology that enable solutions that are transforming the financial services industry and beyond.

Learn more:

    

Technology Banner

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, please call +1 212 270 6000.

Learn more:

      

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, please call +1 212 270 6000.

Learn more:

      

Aqua

Helping you adapt to conditions

The intelligent, liquidity-seeking algorithm for equities

Aqua helps you navigate the liquidity landscape across the globe
while minimizing market impact.

Using real-time analytics and advanced statistical modeling, Aqua adapts to market conditions
to maximize liquidity capture efficiently.

With six user-specified urgency levels ranging from passive dark participation to aggressive liquidity taking, you can configure the strategy around your individual trading objectives.

 

Aqua Blocks

Maximizing access to block liquidity can improve your execution performance in today’s fragmented market. Use Aqua Blocks — an urgency level in J.P. Morgan’s Aqua — to source sizable liquidity and gain comprehensive access to block venues.

Aqua Blocks Venues

  • BIDS
  • BlockCross
  • Credit Suisse Crossfinder
  • ITG Posit
  • JPM-X
  • LeveL
  • Liquidnet H20
  • CODA

Minimum Quantity Matrix1

  ADV (shares)
Price (USD) < 500K 500–2M 2M+
< $10 2,000 5,000 10,000
$10–$100 1,500 2,000 5,000
$100+ 1,000 1,500 2,000
1. The matrix figures are default settings that are subject to change.

Aqua Blocks Venues

Conditional:

  • Cboe Large in Scale (Cboe LIS)
  • ITG POSIT
  • J.P. Morgan Systematic Internaliser (JPSI)
  • Turquoise Plato Block Discovery

Firm:

  • Liquidnet

Minimum Quantity Matrix1

Percentage of Large In Scale (LIS)2
Minimum Order Size (% of LIS) Minimum Execution Size (% of LIS)
CBOE LIS 100 100
ITG POSIT 100 100
JPSI 100 100
Turquoise Plato Block Discovery 100 100
Liquidnet 100 100
  1. The matrix figures are default settings that are subject to change.
  2. http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32006R1287

 

 

JPM-X & JPB-X

JPM-X is J.P. Morgan’s fully dark, continuous crossing platform that offers enhanced liquidity and the opportunity for price improvement. Our customizable, tiered structure supports selective crossing so you can control the order flow types with which you interact.

Tap into JPM-X directly or through J.P. Morgan’s suite of algorithms and smart order router.


JPM-X and JPB-X U.S Summaries
JPM-X U.S. FAQs
JPB-X U.S. FAQs
JPM-X Suspended Symbols - Download
JPB-X Suspended Symbols - Download
JPM-X Hong Kong Guidelines
JPM-X Australia General Disclosure
JPM-X ATS-N
JPB-X ATS-N

Learn More

Contact Us


North America
Ecs-ny-desk@jpmorgan.com
+1 212 622 2826

Europe, the Middle East and Africa
Ecs-ln@jpmorgan.com
+44 20 7134 1396

Asia Pacific
Ecs-hk@jpmorgan.com
+852 2800 8830


 

Related Insights

J.P. Morgan Analytics+

Equities analytics solutions across the trade life cycle available on J.P. Morgan Markets

Learn more about J.P. Morgan Analytics+

Markets

Market-leading research and trade execution across multiple asset classes, including credit, equities and FX.

Learn more about Markets

FOR INSTITUTIONAL & PROFESSIONAL CLIENTS ONLY – NOT INTENDED FOR RETAIL CUSTOMER USE

The products, services and/or materials contained on this site may not be suitable for your particular circumstances and may not be available in all jurisdictions or to all clients.

The content on this site is provided for informational purposes only and is subject to change without notice. It is not intended as research, a recommendation, advice, offer or solicitation to buy or sell any financial product or service, or to be used in any way for evaluating the merits of participating in any transaction. Please consult your own advisors regarding legal, tax, accounting or any other aspects including suitability implications for your particular circumstances. J.P. Morgan disclaims any responsibility or liability whatsoever for the quality, accuracy or completeness of the information herein, and for any reliance on, or use of this material in any way. No information on this site may be reproduced, redistributed or transmitted, in whole or in part, without the prior written consent of J.P. Morgan. Any unauthorized use is strictly prohibited. Clients should contact their salespersons at, and execute transactions through, a J.P. Morgan entity appropriately licensed in the client’s home jurisdiction unless governing law permits otherwise. This material is a “solicitation” of derivatives business only as that term is used within CFTC Rule 1.71 and 23.605. Where this material is an “investment recommendation” as that term is defined in MAR visit: www.jpmm.com/#mardisclosures. This site is subject to terms at: www.jpmorgan.com/salesandtradingdisclaimer.

J.P. Morgan is a marketing name for investment banking businesses of J.P. Morgan Chase & Co. and its subsidiaries and affiliates worldwide. Bank products and services, including certain lending, derivative and other commercial banking activities, are offered by JPMorgan Chase Bank N.A. (JPMCB), including through its authorized branches and other global affiliates registered with local authorities as appropriate. Securities products and services, including execution services, are offered in the United States by J.P. Morgan Securities LLC (JPMS LLC), in EMEA by J.P. Morgan Securities plc (JPMS plc) where permitted and in other jurisdictions worldwide by other appropriately licensed global affiliates. JPMCB, JPMS LLC and JPMS plc are principal subsidiaries of JPMorgan Chase & Co. For information on which legal entities offer investment banking products and services in each jurisdiction, please consult: www.jpmorgan.com/ib-legal-entities. For important disclosures in respect of securities transactions, please consult: www.jpmorgan.com/securities-transactions and in respect of over-the-counter equity derivatives transactions, please consult: www.jpmorgan.com/otc-equity-derivative-transactions.

For additional regulatory disclosures, please consult: www.jpmorgan.com/disclosures.