Morgan Stanley has introduced new electronic trading functionality for clients that trade on the Mexican Stock Exchange (BMV) and the Mexican Futures Exchange (MexDer).
Morgan Stanley Electronic Trading (MSET) will offer its full algorithmic suite on the BMV, including VWAP, arrival price, TWAP, target percentage of volume, volume dispense, price react and close strategies. These can be accessed via proprietary systems, third-party order/execution management systems or MSET’s Passport Windows system. In addition, MSET now offers direct market access on MexDer.
“This expansion into Mexico underscores MSET’s commitment to offering best-in-class electronic trading tools for a global marketplace,” said Andrew Silverman, managing director and global head of distribution, Morgan Stanley Electronic Trading. “We plan to continue our global expansion to meet the evolving needs of our clients.”