J.P. Morgan Integrates with ICE ETF Hub

Intercontinental Exchange, Inc. announced that J.P. Morgan’s Securities Services has integrated with ICE ETF Hub to facilitate connectivity for its ETF issuers. ICE ETF Hub brings efficiencies to primary trading workflows by providing market participants with open architecture technology, which simplifies and standardizes the process for ETF creation and redemption. The solution supports equity and fixed income ETFs and allows authorized participants to use a FIX application programming interface (API) to systematically manage the creation and redemption process, offering users an end-to-end, fully electronic workflow. The ETF Hub has supported over $1.5 trillion in notional create/redeem orders since its inception. J.P. Morgan serves as the administrator, custodian and ETF service provider to various ETF issuers. Its ETF servicing platform supports 40 Authorized Participants and over 400 traders globally, processing over $200B in net create/redeem flows annually. J.P. Morgan is a marketing name for the Securities Services businesses of JPMorgan Chase Bank, N.A. and its affiliates worldwide.