16 July 2018
Visit www.avoka.com

Advanced Markets taps Morgan Stanley for prime brokerage

14 December 2009  |  7025 views  |  0 Source: Advanced Markets

Advanced Markets LLC now offers foreign exchange prime brokerage services via Morgan Stanley & Co., a leading foreign exchange prime broker. The new service will broaden the scope of the institutional clients that can now use existing bank and prime broker credit relationships to access the firm's FX Direct Market Access (DMA) platform.

Advanced Markets FX DMA platform enables FX market participants to trade on prices streamed by more than 10 leading FX banks in a fully transparent, anonymous market structure. The combination of the firm's DMA model and its robust low latency trading technology has driven participation from fund managers and other institutions that use FX prime brokerage services to access the foreign exchange market. The prime brokerage service complements Advanced Markets' existing margin and secure funds account structures.

"We welcome Morgan Stanley as our prime broker and are pleased to offer its world-class FX prime brokerage services to our institutional clients," said John G. Moran, COO, Advanced Markets. "FX DMA is an optimal model for hedge funds, proprietary traders and other institutions to trade FX. Providing Morgan Stanley's FX prime brokerage service reflects our commitment to enhancing institutional FX market access by continuously refining our market model, trading technologies and credit structures."

"Morgan Stanley is pleased to provide prime brokerage services to Advanced Markets and its institutional clients," said Martine Bond, Global Head of Foreign Exchange Prime Brokerage at Morgan Stanley, "We believe that the combination of Morgan Stanley's market leading prime brokerage platform and Advanced Markets innovation and client franchise are a powerful combination."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.aciworldwide.comVisit info.nice.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Handelsbanken trials micro contactless cardsHandelsbanken trials micro contactless car...
9951 views comments | 18 tweets | 30 linkedin
Championing financial inclusion and helping the UnstoppablesChampioning financial inclusion and helpin...
8420 views comments | 3 tweets | 1 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
8082 views comments | 6 tweets | 14 linkedin
Faster Payments outage delays thousands of transactionsFaster Payments outage delays thousands of...
7197 views comments | 8 tweets | 19 linkedin

Featured job

Competitive base, double ote, benefits
New York City, NY - USA

Find your next job