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10 Jun 2009 | 09:17 UTC — New York
JP Morgan Chase Bank has advised Platts it intends to take part in the Platts market on close assessment process for physical product cargoes in Singapore.
Platts considers bids, offers and transactions by all credible and credit-worthy parties in its assessment procedures.
Platts requests that any potential counter party that may be unable to trade with JP Morgan, for any reason, to please alert Platts immediately.
JP Morgan will trade physical cargoes under its JP Morgan Ventures Energy Corporation.
Middle distillates derivatives will continue to be traded under JP Morgan Chase Bank. All bids and offers will be published as "JP Morgan."
For comments and feedback, please contact asia_products@platts.com with a cc: to pricegroup@platts.com.