Morgan Stanley to Offer Futures Trading via Bloomberg Tradebook.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. (NYSE NYSESee: New York Stock Exchange : MS) today announced that it will offer clients electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. access to futures exchanges This is a list of futures exchanges. Those stock exchanges that also offer trading in futures contracts besides trading in securities are listed both here and the list of stock exchanges. using the BLOOMBERG TRADEBOOK([R]) system on the BLOOMBERG PROFESSIONAL([R]) 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 Futures commission merchant (FCM) A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any . 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 (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "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." About Morgan Stanley The Morgan Stanley Listed Derivatives group has been at the forefront of the futures and options industry since its inception more than 25 years ago. The Firm's senior management has long held leadership positions on futures industry boards, exchanges, and task forces, including the Futures Industry Association The Futures Industry Association (FIA) is a trade association in the United States composed of futures commission merchants. A futures commission merchant is analogous to a broker; they are entities that accept orders and payment for commodity futures for execution on a futures , the Intercontinental Exchange, the Chicago Mercantile Exchange Chicago Mercantile Exchange (CME) Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. and the Options Clearing Corporation. Morgan Stanley is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm providing a wide range of investment banking, securities, investment management, wealth management and credit services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 31 countries. For further information about Morgan Stanley, please visit www.morganstanley.com. About Bloomberg Tradebook Bloomberg Tradebook LLC and its affiliates serve institutional investors and traders globally with a comprehensive front-to-back execution, clearance and settlement solutions across multiple asset classes including Equities, Futures, Options and FX, bringing traders, research analytics, execution strategies and liquidity together to help institutional investors seek better executions. Our innovative liquidity venue leverages the market data, analytics, news and research integrated on the BLOOMBERG PROFESSIONAL([R]) service. BLOOMBERG TRADEBOOK users benefit from Bloomberg's POMS POMS Program Operations Manual System (Social Security Administration) POMS Production and Operations Management Society POMS Patrol Order Management System POMS Property Owners and Managers Survey POMS Portfolio Order Management System , AIM and Bloomberg's Execution Management System (EMS<GO>) and third party order management systems. Bloomberg users are provided with an extensive network connecting more than 1,200 broker destinations, more than 200 algorithms, direct market access (DMA (1) (Digital Media Adapter) See digital media hub. (2) (Document Management Alliance) A specification that provides a common interface for accessing and searching document databases. ) to more than fifty Exchanges, ECNs, ATSs and liquidity pools, transaction cost analytics (pre-trade, working order and post-trade evaluation) and commission management services (research accommodation, commission sharing agreements and soft dollars). The BLOOMBERG TRADEBOOK companies are wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Bloomberg L.P. About Bloomberg Bloomberg L.P. is the leading global provider of data, news and analytics. The BLOOMBERG PROFESSIONAL([R]) service and Bloomberg's media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, and financial and legal professionals around the world. Bloomberg's media services include the global BLOOMBERG NEWS([R]) service with more than 2,000 professionals in 130 bureaus worldwide; the BLOOMBERG TELEVISION([R]) 24-hour business and financial network produced and distributed worldwide on ten separate channels in seven languages; and BLOOMBERG RADIO([R]) services which provide up-to-the-minute news on XM, Sirius and WorldSpace satellite radio around the world and on WBBR 1130AM in New York. In addition, Bloomberg publishes BLOOMBERG MARKETS([R]) magazine and BLOOMBERG PRESS([R]) books for investment professionals. For more information please visit http://www.bloomberg.com. |
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