JP Morgan launches FXPrime

The bank is currently integrating existing clients onto the platform and has new clients in the pipeline, said David Puth, global head of currency and commodities at JP Morgan, although he declined to give numbers.

"We have offered prime brokerage to a limited number of key clients for the past six years, but have spent the last year developing and investing in an enhanced product," he told FX Week.

FXPrime provides real-time FX positions and credit utilisation reporting, enabling clients to