Deliver Your News to the World

Morgan Stanley Electronic Trading Offers Full Suite of Algorithms in Mexico


WEBWIRE

Further expands international offerings with new products in Mexico


Morgan Stanley (NYSE: MS) announced today that its algorithmic trading platform is now available on the Mexican Stock Exchange (BMV).

The Morgan Stanley Electronic Trading (MSET) offering includes a full suite of algorithms: VWAP, Arrival Price, TWAP, Target Percentage of Volume, Volume Dispense, Price React and Close. Clients can access these algorithms through their own proprietary system, third-party order/execution management systems or MSET’s PassportSM Windows system.

In addition, MSET now offers Direct Market Access (DMA) on the Mexican Futures Exchange (MexDer). Morgan Stanley clients trading futures can realize the benefits of DMA via Passport or FIX connection.

“This expansion into Mexico underscores MSET’s commitment to offering best-in-class electronic trading tools for a global marketplace,” said Andrew Silverman, Managing Director and Global Head of Distribution, Morgan Stanley Electronic Trading. “We plan to continue our global expansion to meet the evolving needs of our clients.”

MSET currently offers a full suite of algorithms in 30 countries. Last year, Morgan Stanley executed the first DMA trade in India. Morgan Stanley is committed to addressing market fragmentation globally by providing its clients with the most efficient trading tools to conveniently and easily access global markets.

For more information regarding Morgan Stanley’s electronic trading products, please see www.morganstanley.com/mset.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 37 countries. For further information about Morgan Stanley, please visit www.morganstanley.com



WebWireID85274





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.