Morgan Stanley to Offer Futures Trading via Bloomberg Tradebook

Morgan Stanley (NYSE: MS) today announced that it will offer clients electronic trading access to futures exchanges using the BLOOMBERG TRADEBOOK® system on the BLOOMBERG PROFESSIONAL® service. Morgan Stanley Listed Derivatives institutional clients will now have the ability to execute and clear futures contracts on global exchanges using the BLOOMBERG TRADEBOOK system and Morgan Stanley’s global clearing operations.

“As many clients know, Morgan Stanley is making a significant investment in our listed derivatives business to better serve our clients’ execution and clearing needs,” said Dennis Scurletis, Global Head of Morgan Stanley’s Futures business. “This new arrangement with Bloomberg Tradebook is a great example of our continuing effort to do exactly that.”

“Bloomberg Tradebook is pleased to connect with Morgan Stanley, one of the leading global futures commission merchants. This alliance enables us to better serve the trading needs of our mutual clients globally,” said Kim Bang President and Chief Executive Officer of Bloomberg Tradebook LLC.

“Transparency, connectivity and sophisticated trading tools and strategies are important characteristics of the BLOOMBERG TRADEBOOK system,” continued Mr. Bang. “Combined with the robust news, data and analytics functionality of the BLOOMBERG PROFESSIONAL service, the BLOOMBERG TRADEBOOK system offers traders the unparalleled advantage of a fully integrated electronic trading platform. The BLOOMBERG TRADEBOOK system provides the same reliability, security features and customer service that are the hallmarks of Bloomberg. The breadth of Morgan Stanley’s listed derivatives combined with our technology will bring an unsurpassed product and service to our mutual institutional investors.”