J.P. Morgan Securities is the primary nonbank subsidiary of financial services giant JPMorgan Chase, engaging in investment banking activities in the US. Its services include debt and equity underwriting, advice on mergers and acquisitions and restructuring, securities dealing and brokerage, and trade execution services, such as market making, equity derivatives, and structured investments, for institutional clients. The firm also offers a broad array of economic and equity research. J.P. Morgan Securities is a member of the New York Stock Exchange.