JPMorgan's new mobile application means business. In a recent speech, corporate investment CEO Daniel Pinto remarked that an international client of the investment firm took advantage of the firm's new technology efforts to make a $100 million dollar trade on his mobile device.
According to Pinto, 83% of notional FX is now done electronically. In 2016, peak days saw as much as $200 billion traded on electronic channels such as their J.P. Morgan Markets platform. The Markets and Markets Prime mobile apps are available on both Android and iOS.
The firm spent over $9.5 billion developing their new technologies, with a rising percentage being spent on new inventions and innovations. Their mission is to enable customers to choose how to trade with JPMorgan. They want to ensure that the latest generation of investors is confident and comfortable making trades even after turbulent events like Brexit of last year.