JP Morgan utilizes iPhone

MANILA, Philippines - JP Morgan has launched an iPhoneTM application for MorganDirectTM, its institutional foreign exchange and rates trading platform.

MorganDirect is the first institutional foreign exchange 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.

James Taylor, global head of FX e-commerce distribution at JP Morgan said that for the FX professional, the touchscreen and landscape mode make MorganDirect on the iPhone a powerful tool.

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