Trade Execution Services

Commission Recapture

Commission Recapture is a highly efficient and transparent way to control transaction costs associated with investing and trading in global securities. Commission Recapture ‘unbundles’ commissions from total execution costs, returning a portion of the commission directly back to the pension or investment fund, thereby conserving assets, lowering expenses and increasing investment returns.

J.P. Morgan offers Commission Recapture through Capital Institutional Services (CAPIS), a leading independent commission recapture specialist since 1980. The CAPIS program engages a global network of correspondent brokers. CAPIS offers a highly focused and dedicated support team providing tailored analysis, on–line tools and the superior compliance and client support that will assist clients to maximize their revenue earnings.


Features

  • No fees
  • No minimums or required volumes
  • No time constraints
  • Easy to set up and administer
  • Plan/Fund maintains full flexibility and control
  • Offers access to a global trading network

Benefits

  • ‘Unbundles’ commissions
  • Reduces transaction expenses
  • Capable of delivering measurable savings
  • Helps fulfill fiduciary obligations
  • Fully supported by team of dedicated specialists
  • On–line management tools & tailored analysis reports

Commission Recapture is available for listed and OTC equity trading, as well as most fixed income trading. In all cases, clients benefit from reduced transaction costs.

For more information, please contact your Relationship or Sales Manager.

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