JPMorgan Launches New Online Bond and CD Trading Tools
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JPMorgan Chase, aiming to boost its online investment platform, is launching new tools for bond and CD trading on its mobile app. This expansion, part of a broader strategy to attract more frequent investors, offers features like customizable screens for yield comparison. While JPMorgan is a major player in finance, its online brokerage assets are significantly smaller than competitors like Schwab and Fidelity, having recently surpassed $100 billion in assets under management.
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