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Sounds like they've hooked up Alexa to JP's JPMorganExpress single dealer platform so indicative prices for swaps and bonds can be pushed to the Amazon infrastr
by osullivj 9y ago
Sounds like they've hooked up Alexa to JP's JPMorganExpress single dealer platform so indicative prices for swaps and bonds can be pushed to the Amazon infrastructure. JPMExpress supports RFQ style trading, just like the single dealer platforms at other banks, as well as Bloomberg and TradeWeb. The article suggests that trade execution against quotes is a logical next step. Which is ironic as RFQ style trading (as opposed to central limit order book style) was created as an electronic replacement for voice trading in dealer to client OTC markets.