It shows how much JPMorgan makes every time it places a given trade for a client, and how many of those trades it makes per quarter.
As you can see, plain vanilla equity is dirt cheap. It makes about 1.5 cents per share on equity trades. On the other hand, the typical interest rate swap — something far more exotic — gets the company about $12,000.
Oppenheimer’s Chris Kotowski said it was his favorite slide of the whole day…