JP Morgan’s Choussy prepares bank for FX clearing

JP Morgan sign on window in New York

JP Morgan is preparing for the advent of mandatory central clearing requirements for foreign exchange contracts and has begun preparations to offer client clearing, according to the bank’s new global head of FX clearing.

In an interview with FX Week, Andres Choussy, who stepped into the newly created role in New York on May 16, said working with clients to prepare for the intricacies and challenges of FX clearing has been top of the bank’s agenda.

“Our main priorities include ensuring clients

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