JP Morgan Worldwide Securities Services has rolled out its Repo Trade Matching Engine. The new trade matching functionality can take trade instructions through a variety of different messaging types from Tri-Party Repo Cash Lenders.
Lenders, such as asset managers, pensions and government institutions, can view the matching status of their trades via JP Morgan’s proprietary Repo Access platform. Tri-Party Repo Dealers can view the matching status of their trades through JP Morgan’s Broker Dealer Automated System.
Click here for the release from JP Morgan.