Morgan Stanley Tops Alpha Rankings

Numbers published in the January/February issue of Alpha magazine rank Morgan Stanley the top trading desk for execution and sales-trading service.

  

Numbers published in the January/February issue of Alpha magazine rank Morgan Stanley the top trading desk for execution and sales-trading service. Among the hedge funds, Morgan Stanley placed first in all four categories, which included:

  • Best execution for NYSE-listed equities
  • Best execution for NASDAQ shares
  • Best sales-trading service for NYSE-listed equities
  • Best sales-trading service for NASDAQ shares
Alpha's sister publication, Institutional Investor, polled 80 fund managers, who manage nearly US$156bn collectively, to determine which desk they favored. According to Alpha, which parsed the hedge fund numbers, the rankings reflect the Firm's "integrated package of services that it offers to hedge funds, rather than just superior execution."

Among all managers, Morgan Stanley ranked second overall for best sale-trading service for both NYSE and NASDAQ listings. For execution for NYSE and NASDAQ listings, the Firm ranked second and third, respectively.

Morgan Stanley was the only brokerage to rank in the top three overall in every category.