The Trade News

London Number of Trades: 247547..... Share Volume: 375878565..... Turnover(€): 1,716,712,527.07   |   Paris Number of Trades: 113880..... Share Volume: 33454259..... Turnover(€): 845,554,757.92   |   Amsterdam Number of Trades: 46693..... Share Volume: 26142703..... Turnover(€): 356,782,527.45   |   Frankfurt Number of Trades: 96793..... Share Volume: 38310115..... Turnover(€): 992,812,185.11   |   Zurich Number of Trades: 8559..... Share Volume: 4703780..... Turnover(€): 140,180,525.89   |   Stockholm Number of Trades: 3563..... Share Volume: 3925635..... Turnover(€): 33,152,487.14   |   Helsinki Number of Trades: 2889..... Share Volume: 2098277..... Turnover(€): 25,855,393.16   |   ETFs Number of Trades: 157..... Share Volume: 682853..... Turnover(€): 6,327,540.53   |   Copenhagen Number of Trades: 426..... Share Volume: 147394..... Turnover(€): 4,200,923.12   |   Oslo Number of Trades: 476..... Share Volume: 504590..... Turnover(€): 3,167,328.33   |   Milan Number OF Trades : 12 .....Share Volume : 2654.....Turnover(€) : 38,076.58   |   Vienna Number OF Trades : 442 .....Share Volume : 136498.....Turnover(€) : 2,897,449.21   |    Total Number OF Trades : 521437 .....Share Volume   |    : 485987323 .....Turnover(€)    |    : 4,127,681,721.50   |      |    Last updated : Oct 13 2008 4:29PM   London Number of Trades: 247547..... Share Volume: 375878565..... Turnover(€): 1,716,712,527.07   |   Paris Number of Trades: 113880..... Share Volume: 33454259..... Turnover(€): 845,554,757.92   |   Amsterdam Number of Trades: 46693..... Share Volume: 26142703..... Turnover(€): 356,782,527.45   |   Frankfurt Number of Trades: 96793..... Share Volume: 38310115..... Turnover(€): 992,812,185.11   |   Zurich Number of Trades: 8559..... Share Volume: 4703780..... Turnover(€): 140,180,525.89   |   Stockholm Number of Trades: 3563..... Share Volume: 3925635..... Turnover(€): 33,152,487.14   |   Helsinki Number of Trades: 2889..... Share Volume: 2098277..... Turnover(€): 25,855,393.16   |   ETFs Number of Trades: 157..... Share Volume: 682853..... Turnover(€): 6,327,540.53   |   Copenhagen Number of Trades: 426..... Share Volume: 147394..... Turnover(€): 4,200,923.12   |   Oslo Number of Trades: 476..... Share Volume: 504590..... Turnover(€): 3,167,328.33   |   Milan Number OF Trades : 12 .....Share Volume : 2654.....Turnover(€) : 38,076.58   |   Vienna Number OF Trades : 442 .....Share Volume : 136498.....Turnover(€) : 2,897,449.21   |    Total Number OF Trades : 521437 .....Share Volume   |    : 485987323 .....Turnover(€)    |    : 4,127,681,721.50   |      |    Last updated : Oct 13 2008 4:29PM   
Home » Hedge Funds » Prime Brokerage

Conifer Securities acquires Morgan Stanley’s outsourced trading business

Published on April 11, 2008.

Conifer Securities, a provider of operation solutions for hedge fund managers, has purchased Morgan Stanley’s outsourced trading business. Terms of the transaction, which is due to close at the end of April, were not disclosed.

Conifer believes the deal will boost its presence in independent trade execution of equities, options, exchange traded funds (ETFs) and related products for its hedge fund clients.

The acquisition will see Morgan Stanley’s entire New York-based outsourced trading team move to Conifer’s New York office and join existing Conifer trading teams in New York and San Francisco.

Stu Hendel, global head of prime brokerage at Morgan Stanley, said in a statement: “We know and respect Conifer’s expertise and client focused culture and are confident in their ability to support our clients.”

» email this page | printer friendly version