Morgan Stanley

219 results about this entity

Period: 22 Sep 2004 - 08 Jan 2025

Morgan Stanley to cut 150 London jobs - back office in firing line

Morgan Stanley is set to cut around 150 jobs in London - most of which will be in the back office, according to a report from Reuters.

Markit buys Boat

UK market data vendor Markit has confirmed that it has acquired the Boat MiFID-compliant trade reporting platform from the consortium of nine investment banks that launched the system in September 2006. Financial terms of the deal have not been disclosed.

RiskMetrics prices shares at $17-$19 for IPO

New York financial analytics outfit RiskMetrics Group says it will sell a total of 14 million shares at an estimated price of $17-$19 apiece in its forthcoming initial public offering (IPO).

Banks, trading firms take minority stake in Chi-X

A group of 13 banks and trading firms has taken a minority equity stake in Instinet's MiFID-compliant alternative trading facility, Chi-X Europe.

Turquoise names Farnham COO; Higgins head, client relationship management

Bank-backed equities trading facility Turquoise has named Adrian Farnham as its chief operating officer (COO) and has appointed Duncan Higgins as head of client relationship management.

Discover writes off $422m on Goldfish

Discover Financial Services is to write down the value of its Goldfish credit card business in the UK by up to $422 million due to the "very challenging" consumer credit environment in Britain.

Morgan Stanley licenses TT's X_Trader

Morgan Stanley has signed a global software licensing agreement for Trading Technologies' order entry software, X_Trader, which will be rolled out to customers and internal trading desks at its client listed derivatives business.

Wall Street firms to share Nasdaq 144A securities platform

A consortium of Wall Street banks have opted to ditch their competing electronic trading system for unregistered securities in order to cooperate on a single platform operated by Nasdaq.

Morgan Stanley settles Katz patent litigation

Morgan Stanley has agreed to pay an undisclosed sum to settle an infringement lawsuit relating to patented interactive voice technology with Los Angeles-based Ronald Katz Technology Licensing.

Nyse Euronext teams with Bids for block trading JV

Exchange operator Nyse Euronext is establishing a block trading joint venture with Bids Holdings, the Wall Street consortium that is setting up its own alternative platform for equity block stock trading.

Turquoise names Cinnober technology provider; hires CEO from Morgan Stanley

Swedish vendor Cinnober Financial Technology has been selected to provide the platform for Turquoise, the bank-backed equities trading facility being set up by seven investment banks to compete with the domestic stock exchanges in Europe. The news comes as Morgan Stanley's Eli Lederman is appointed CEO of the venture.

Wall Street firms pay $180 million to buy back into TradeWeb

Nine Wall Street firms are to pay Thomson Financial $180 million to purchase a minority stake in electronic fixed income platform TradeWeb.