News In brief
Morgan Stanley an EBS prime broker
Morgan Stanley last week became the latest bank to join Icap's spot forex trading platform, EBS, as prime broker.
The move will enable the bank to offer its prime-brokerage clients, such as hedge funds and other non-bank traders, the ability to view and trade on foreign exchange rates on the London-based inter-dealer broker's EBS platform.
"Morgan Stanley is pleased to be joining the EBS platform as a prime broker," said Martine Bond, Morgan Stanley's global
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