Summary by Futu AI
On October 31, 2024, JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., priced structured investment notes worth $206,000. These Auto Callable Contingent Interest Notes are linked to the MerQube US Large-Cap Vol Advantage Index and are due on November 4, 2027. The notes are designed to provide investors with a Contingent Interest Payment for each Review Date where the Index's closing level is at or above 60% of its Initial Value, known as the Interest Barrier. The notes will be automatically called if the Index's closing level on any Review Date, except the first and final ones, meets or exceeds the Initial Value. The first possible automatic call date is April 30, 2025. Investors are warned of the risk of...Show More