J.P. Morgan adopts CTM for US-listed options
23 September 2026 US
Image: iamchamp/stock.adobe.com
J.P. Morgan has adopted the Depository Trust & Clearing Corporation鈥檚 (DTCC鈥檚) Central Trade Matching (CTM) service for US-listed options, driving efficiencies in commission reconciliation through automated post-trade processing.
The deployment of CTM鈥檚 automated matching capabilities will allow J.P. Morgan to advance straight-through processing.
Currently, 32 buy side clients are live in production on the workflow, and monthly matched volume for US-listed options through CTM has increased by 525 per cent since July 2024.
The service enriches the clearing member trade assignment (CMTA) process, which facilitates the transfer of options trades and positions between clearing members, with an Options Clearing Corporation Actionable ID and a counterparty clearing member firm number for ALERT users.
This integration automates the communication of allocation details to executing brokers, reducing clearing delays and mismatches.
Vincenzina Megna, head of equity operations at J.P. Morgan, says: 鈥淎t J.P. Morgan, we continually evaluate opportunities to enhance operational efficiency and deliver a better client experience.
鈥淏y leveraging CTM's automated matching capabilities for US-listed options, we have been able to streamline commissions reconciliation processes, reduce manual touchpoints, and improve overall workflow efficiency.
鈥淎s market volumes continue to grow, automation will remain a key component of supporting scalable and resilient post-trade operations.鈥�
The deployment of CTM鈥檚 automated matching capabilities will allow J.P. Morgan to advance straight-through processing.
Currently, 32 buy side clients are live in production on the workflow, and monthly matched volume for US-listed options through CTM has increased by 525 per cent since July 2024.
The service enriches the clearing member trade assignment (CMTA) process, which facilitates the transfer of options trades and positions between clearing members, with an Options Clearing Corporation Actionable ID and a counterparty clearing member firm number for ALERT users.
This integration automates the communication of allocation details to executing brokers, reducing clearing delays and mismatches.
Vincenzina Megna, head of equity operations at J.P. Morgan, says: 鈥淎t J.P. Morgan, we continually evaluate opportunities to enhance operational efficiency and deliver a better client experience.
鈥淏y leveraging CTM's automated matching capabilities for US-listed options, we have been able to streamline commissions reconciliation processes, reduce manual touchpoints, and improve overall workflow efficiency.
鈥淎s market volumes continue to grow, automation will remain a key component of supporting scalable and resilient post-trade operations.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 网爆吃瓜 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 网爆吃瓜 Finance Times
