The interplay between liquidity and collateral

About this episode

This episode explores the connection between liquidity and collateral management with insights from J.P. Morgan executives.

In this episode, three J.P. Morgan executives address the intricate connection between liquidity and collateral management. Eileen Herlihy, Head of Trading Services Sales, chats with O’Delle Burke, Global Head of Margin Services, and Michael Wynn, J.P. Morgan’s Global Head of FX and Liquidity for Securities Services, about the evolution of financing solutions as institutional investors raise and preserve cash. They discuss the importance of intraday liquidity, the rise of non-cash collateral, FX considerations, the increased attention to available cash with a shortened T+1 settlement cycle, and the tokenization of collateral. In this conversation, they explore how increasingly sophisticated firms are innovating to enhance alpha and preserve cash -- protecting it or deploying it as needed. This episode was recorded on April 16, 2026. This podcast is intended for institutional clients only. The views expressed in the podcast may not necessarily reflect the views of J.P. Morgan Chase & Co, and its affiliates, together J.P. Morgan, and do not constitute research or recommendation advice or an offer or a solicitation to buy or sell any security or financial instrument. Referenced…

People in this episode

Host: Eileen Herlihy

Guests: O’Delle Burke, Michael Wynn

Topics covered

• liquidity management
• collateral management
• financing solutions
• institutional investors
• cash preservation
• tokenization of collateral

Keywords

• liquidity
• collateral
• institutional investors
• cash management
• FX considerations
• T+1 settlement
• non-cash collateral

Mentioned in this episode

Organizations: J.P. Morgan

More episodes of Making Sense

• Equities update at mid-year: What drove the recent rally and what’s next? · June 12, 2026 · 24 min
• Airline industry outlook: Fuel, fares and demand shifts heading into summer · June 9, 2026 · 17 min
• Unlocking liquidity: The evolution of structured financing in private markets · June 5, 2026 · 12 min
• Convergence in motion: Inside the institutional blockchain shift · June 2, 2026 · 19 min
• A quant’s guide to finding alpha in commodities trading · May 26, 2026 · 22 min
• What to expect from a Warsh-led Fed · May 22, 2026 · 11 min