JPMorgan Chase Introduces Auto Callable Contingent Interest Notes Linked to MerQube US Large-Cap Vol Advantage Index

JPMorgan Chase & Co. has introduced a new financial product called Auto Callable Contingent Interest Notes Linked to the MerQube US Large-Cap Vol Advantage Index.

The notes are designed for investors seeking contingent interest payments based on the index's performance.

With an initial value of 2,743.014, the closing level of the MerQube US Large-Cap Vol Advantage Index must be greater than or equal to 60.00% of this value for investors to receive a contingent interest payment.

The notes are priced at $40,000 and have an estimated value of $893.20 per $1,000 principal amount note. The earliest date on which an automatic call may be initiated is August 13, 2027.