JP Morgan QIS notionals hit $100bn
Dealer sees 15% annual growth in ‘imperfect’ notional measure, eyes rates and FX for next phase
JP Morgan says it has hit the $100 billion notional milestone in its quantitative investment strategy (QIS) business, making it the first bank to publicly report the level in a market where competitors are typically tight-lipped on volumes.
The bank says a 15% annual growth rate in the business over the past four years has been powered by a broad expansion of the client wallet and innovation across strategies and execution.
“We’ve seen a remarkable growth in terms of use case with our client base
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