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Risk magazine has completed its 2002 survey for Global Derivatives. Morgan Stanley put in a strong performance, topping the poll in 10-30 year Euro, Volatility and Quanto Swaps. Additionally, 2-10 year Euro and USD Swaps took third place, while 10-30 year Sterling, 2-10 year JPY and 10-30 year JPY Swaps came fourth.
Commenting on the poll, Sean Notley, Head of Interest Rate Derivatives for London and New York, said "I am delighted with the results as they confirm the success of Morgan Stanley's strategy to grow its market share in interest rate derivative products."
Jim Sandling, Co-Head of Fixed Income Japan and Asia, added "this is the highest dealer ranking to date that Morgan Stanley has achieved in yen swap trading, and I believe it is the direct result of the market share initiatives pursued by the team this year. The goal, of course, is to achieve a similar ranking from each of our key clients."
Four hundred twenty-six market professionals from major dealers responded to the survey. Voters were asked to base their choices on ability to provide tight prices and access to liquidity, market-making reliability and ability to innovate and provision of efficient and timely transactions.
Morgan Stanley was ranked highly in numerous other sectors in the Risk survey:
First Place
- 10-30 year Euro Interest Rate Swaps
- Volatility / Variance
- Quanto Swaps
Second Place
- 10-30 year USD Interest Rate Swaps
- Euro Interest Rate Caps/Floors
- Bermudan/American Options
Third Place
- 2-10 year Euro Interest Rate Swaps
- 2-10 year USD Interest Rate Swaps
- Binary/Digital Options
Fourth Place
- 10-30 year Sterling Interest Rate Swaps
- 2-10 year Yen Interest Rate Swaps
- 10-30 year Yen Interest Rate Swaps
- Euro Interest Rate Swaptions
- Sterling Interest Rate
- Swaptions USD Interest Rate Swaptions
- Spread Options
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