Source: JP Morgan Worldwide Securities Services
JP Morgan Worldwide Securities Services today announced that its GlobeClear business has been appointed to provide European fixed income clearing and settlement for Knight Libertas UK, an institutional fixed income broker-dealer operated by Knight Capital Europe Limited.
Mike Reece, EMEA Head of Clearance sales and relationship management at J.P. Morgan Worldwide Securities Services, said: "We are delighted to support Knight as they expand their presence in European institutional fixed income across investment grade, high yield, asset backed securities and emerging markets. This is a significant opportunity for Knight and us to consolidate and underline our mutual commitment to this asset class."