JPMorgan to White-Label AutoDeal+

FRONT PAGE: CONNECTIVITY

LONDON—JPMorgan has entered into an agreement with Cognotec to white-label the vendor’s AutoDeal+ foreign exchange (FX) automated dealing platform, and the investment bank will officially announce the move this week.

The agreement marks JPMorgan’s first step into the growing FX white-labeling market, and follows similar deals between Citigroup and U.S. vendor Integral Development (Trading Technology Week, Nov. 2, 2002) as well as between HSBC and Reuters (TTW, April 21, 2003).

Iain Doran

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