JPMorgan joins LiquidityHub

JPMorgan has joined LiquidityHub, a fixed-income electronic trading platform owned by a consortium of investment banks.

It is the twelfth bank to join the platform as a shareholder, alongside Bank of America, Barclays Capital, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan Stanley, Royal Bank of Scotland and UBS.

The platform plans to launch trading for interest rate derivatives and US government bonds in the third quarter.

"We are pleased to welcome a

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