Your email has been successfully added to our mailing list.

×
0.000154998708344103 5.16662361146521E-05 -0.000361663652802858 5.16662361146521E-05 0.000671661069491064 0.00237664686127605 0.00526995608369921 0.00663911134073881
Stock impact report

Securitization limbers up for the oddball Olympics [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
NEW YORK, May 8 (Reuters Breakingviews) - Securitization might sound exotic. The idea of pooling millions of IOUs like car loans and mortgages and slicing them into new investments has a whiff of tricky financial alchemy, even if, for some assets, it's been a commonplace trade for a while. But bankers and asset managers are applying a new infusion of creativity. Car loans are old hat; Taco Bell , Picassos and internet address are the new frontier. Appetite for “esoteric” securitizations is growing rapidly, with $151 billion of outstanding debt at the end of March, having more than doubled since 2017, according to JPMorgan. That's much faster than the 11% growth overall in sliced-and-diced investments. It's based on the notion that wherever there's a cash flow that's reasonably reliable, there's an opportunity to create new investments to cater to buyers that span the risk-taking spectrum. In principle, securitizations all look similar. A company takes a stream of future payments Show less Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
JPM alerts

from News Quantified
Opt-in for
JPM alerts

from News Quantified