FX news: JPM on iPhone for institutional FX traders
JPMorgan launched an iPhone app this week for MorganDirect, its FX and rates platform.
James Taylor, global head of FX e-commerce distribution says: “We are excited that MorganDirect is the first institutional FX trading platform to be made available via iPhone, allowing traders to remain in touch with the FX market 24 hours a day from any location.”
He adds: “For the FX professional, the touchscreen and landscape mode make MorganDirect on the iPhone a powerful tool.”
The application is only available to JPMorgan's institutional clients and not private investors.