Morgan Stanley to Offer Futures Trading via Bloomberg Tradebook

New York —

Morgan Stanley (NYSE: MS) today announced that it will offer clients electronic trading access to futures exchanges using the BLOOMBERG TRADEBOOK® system on the BLOOMBERG PROFESSIONAL® service.  Morgan Stanley Listed Derivatives institutional clients will now have the ability to execute and clear futures contracts on global exchanges using the BLOOMBERG TRADEBOOK system and Morgan Stanley’s global clearing operations.

“As many clients know, Morgan Stanley is making a significant investment in our listed derivatives business to better serve our clients’ execution and clearing needs,” said Dennis Scurletis, Global Head of Morgan Stanley’s Futures business.  “This new arrangement with Bloomberg Tradebook is a great example of our continuing effort to do exactly that.”

“Bloomberg Tradebook is pleased to connect with Morgan Stanley, one of the leading global futures commission merchants.  This alliance enables us to better serve the trading needs of our mutual clients globally,” said Kim Bang President and Chief Executive Officer of Bloomberg Tradebook LLC. 

“Transparency, connectivity and sophisticated trading tools and strategies are important characteristics of the BLOOMBERG TRADEBOOK system,” continued Mr. Bang.  “Combined with the robust news, data and analytics functionality of the BLOOMBERG PROFESSIONAL service, the BLOOMBERG TRADEBOOK system offers traders the unparalleled advantage of a fully integrated electronic trading platform.  The BLOOMBERG TRADEBOOK system provides the same reliability, security features and customer service that are the hallmarks of Bloomberg. The breadth of Morgan Stanley’s listed derivatives combined with our technology will bring an unsurpassed product and service to our mutual institutional investors.”

About Morgan Stanley

The Morgan Stanley Listed Derivatives group has been at the forefront of the futures and options industry since its inception more than 25 years ago.  The Firm’s senior management has long held leadership positions on futures industry boards, exchanges, and task forces, including the Futures Industry Association, the Intercontinental Exchange, the Chicago Mercantile Exchange and the Options Clearing Corporation.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, wealth management and credit services.  The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 31 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.

About Bloomberg Tradebook

Bloomberg Tradebook LLC and its affiliates serve institutional investors and traders globally with a comprehensive front-to-back execution, clearance and settlement solutions across multiple asset classes including Equities, Futures, Options and FX, bringing traders, research analytics, execution strategies and liquidity together to help institutional investors seek better executions.

Our innovative liquidity venue leverages the market data, analytics, news and research integrated on the BLOOMBERG PROFESSIONAL® service.  BLOOMBERG TRADEBOOK users benefit from Bloomberg’s POMS, AIM and Bloomberg's Execution Management System (EMS) and third party order management systems.  Bloomberg users are provided with an extensive network connecting more than 1,200 broker destinations, more than 200 algorithms, direct market access (DMA) to more than fifty Exchanges, ECNs, ATSs and liquidity pools, transaction cost analytics (pre-trade, working order and post-trade evaluation) and commission management services (research accommodation, commission sharing agreements and soft dollars).

The BLOOMBERG TRADEBOOK companies are wholly owned subsidiaries of Bloomberg L.P.

About Bloomberg

Bloomberg L.P. is the leading global provider of data, news and analytics.  The BLOOMBERG PROFESSIONAL® service and Bloomberg's media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, and financial and legal professionals around the world.  Bloomberg's media services include the global BLOOMBERG NEWS® service with more than 2,000 professionals in 130 bureaus worldwide; the BLOOMBERG TELEVISION® 24-hour business and financial network produced and distributed worldwide on ten separate channels in seven languages; and BLOOMBERG RADIO® services which provide up-to-the-minute news on XM, Sirius and WorldSpace satellite radio around the world and on WBBR 1130AM in New York.  In addition, Bloomberg publishes BLOOMBERG MARKETS® magazine and BLOOMBERG PRESS® books for investment professionals.  For more information please visit http://www.bloomberg.com.

Contact: Morgan Stanley, Media Relations, Mark Lake, 212.762.6927

             Bloomberg L.P., Judith Czelusniak, 212.617.1212, jczelusniak@bloomberg.net