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JP Morgan Chase Buys Trading Cost Analysis Firm

Financial News, August 22, 2002 | Article details

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JP Morgan Chase Buys Trading Cost Analysis Firm


Byline: Mike Foster

Investment bank JP Morgan Chase has bought US-based transaction cost analysis firm Plexus Group and entered into a contract with UK-based Inalytics to market and customise the research service in Europe.Plexus sets out to analyse all expenses relating to equity transactions, including the costs that result from the movement of share prices during implementation of trades.

The deal with JP Morgan will provide Plexus with extra resources to market its services effectively. To help it secure business in Europe, JP Morgan has nailed down a contract with Rick di Mascio's Inalytics transaction cost analysis firm which will means Inalytics will …

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