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JPM closing EM knock-out product

JP Morgan Chase is close to closing a product called Capped Index Fund Knock-Out Notes due 10 December 2010. The notes are linked to the iShares MSCI Emerging Markets Index Fund, according to the prospectus the firm filed to the SEC. The notes are due for settlement on May 26. A knock-out event occurs if, on any trading day during the monitoring…

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