Online brokerage E*Trade has responded to calls from Citadel, its largest shareholder, to sell itself by bringing in Morgan Stanley to carry out a strategic review.
Morgan Stanley has written to 34,000 customers warning them that their personal financial details may have been stolen while in transit to the New York State Department of Taxation and Finance.
The world's leading foreign exchange dealers and trading platforms are collaborating on an industry-wide initiative to reduce the risk of an algorithmic-led 'flash crash' hitting the global currency markets.
Orc Group AB (SSE: ORC), a leading provider of technology and services for the global financial industry, today announced that Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. has selected an Orc Trading solution to enhance its options market making operations on the Osaka Securities Exchange.
The world's biggest sell-side banks have formed a working group to push the adoption of FIX connectivity for fixed income trading.
Morgan Stanley Smith Barney is set to become the first big American wealth manager to let its brokers use Twitter, although each message will have to be pre-approved by the firms.
Bank of America has appointed Morgan Stanley's David Reilly as chief technology officer for its global wealth and investment management unit.
The world's biggest investment banks are being investigated in two European Commission antitrust probes into the credit default swaps (CDS) market.
Morgan Stanley (NYSE:MS) today announced the launch of Morgan Stanley Fix, an over-the-counter (OTC) algorithmic trading product which provides institutional clients with flow-weighted average pricing (F-WAP) in currencies.
Morgan Stanley, a market leader in derivatives trading and clearing, announced today that it has cleared some of the first OTC interest rate swaps transactions through LCH.Clearnet Ltd's (LCH) SwapClear Futures Commission Merchant (FCM) service for U.S. clients.
© Finextra Research 2013