Bloomberg says Morgan Stanley is augmenting its e-trading services with the addition of Interest Rate Swaps via the Bloomberg terminal.
Bloomberg says Morgan Stanley’s Electronic Interest Rate Swaps Trading Platform, which will be accessible to Bloomberg users on MSSW (GO), will make interest rate swaps pricing more visible, easier to trade and increasingly automated post-trade.
“We believe that Morgan Stanley’s launch of e-trading for European Swaps will afford our customers improved access to market liquidity and efficient trade processing,” says Sean Notley, Co-head of Fixed Income Europe at Morgan Stanley. “These features will allow more Bloomberg users to incorporate interest rate swaps in their risk management programs.”
“The Bloomberg terminal is a comprehensive tool that is continually providing added functionality to our users. The Morgan Stanley Electronic Interest Rate Swaps Trading Platform is the next step in giving Bloomberg users the advantages they need to succeed in today’s markets,” according to Russell Levi of Bloomberg. “We are delighted that Morgan Stanley, one of the most important players in the interest rate swaps market with a strong trading presence on Bloomberg across government and credit bonds, will be offering this service to Bloomberg users.”