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The investor community recognized the efforts of the Morgan Stanley Foreign Exchange (FX) team in the 2003 FX Survey compiled by Global Investor magazine. Morgan Stanley FX has jumped four places to rank #2 in the category "Best FX Service Overall." The survey identified the Firm's FX business as being "clearly on an aggressive growth path" and noted its "upward trajectory" in the survey rankings.
In addition to achieving the #2 position, the Firm also took the #2 slot in "Best Research in Developed Market Currencies," "Best Advice on Spot Trading," "Most Comprehensive Sales Coverage" and "Best FX Service Overall in Hedge Funds."
This years survey confirms Morgan Stanleys long standing commitment to clients in Foreign Exchange. Commenting on the Firms success in the survey, Paul Blain, Managing Director, Head of European FX Sales said, "The team is delighted to have climbed up in so many categories of the surveys rankings. To have achieved this progress in what is an increasingly challenging environment is particularly pleasing and testament to the great teamwork around the globe."
Morgan Stanley ranked among the top three in the following categories:
| Category |
Ranking 2003 (2002)
|
| Best FX Service Overall Ranking 1 (All Respondents) |
2 (6)
|
| Most Improved Ranking Over the Past 12 Months (All Respondents) |
2
|
| Best FX Service Overall Weighted by Asset Size |
3 (6)
|
| Real Money Accounts / Best FX Service Overall Ranking 1 (All Respondents) |
3
|
| Most Improved Service Over Last 12 Months |
2
|
| Best Research in Developed Market Currencies |
2
|
| Best Trading in Developed Market Currencies |
3
|
| Best Advice on Spot Trading |
2
|
| Best Advice on Options Trading |
3
|
| Best Technical Analysis Research |
3
|
| Most Comprehensive Sales Coverage |
2
|
| Best FX Service Overall (Hedge Funds Only) |
2 (2)
|
| Most Improved Service Over the Last 12 Months |
2
|
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