Summary by Futu AI
JPMorgan Chase Financial Company LLC has announced the issuance of Auto Callable Contingent Interest Notes worth $196,000, linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of June 20, 2029. These notes, guaranteed by JPMorgan Chase & Co., are designed for investors seeking contingent interest payments based on the performance of the index, with the potential for automatic call if the index reaches a specified level. The notes, unsecured and unsubordinated obligations, were priced on June 14, 2024, and are expected to settle on or about June 20, 2024. The notes carry risks including the potential loss of principal and the possibility that no contingent interest payments may be made. The index includes a 6.0% per annum daily deduction, which may affect the performance...Show More