MS PORT, using over 70 different risk metrics, optimizes execution at the portfolio level by taking into account correlations between assets, as well as volatility and projected market impact. The result is better overall execution and risk management. With this launch, buy-side traders can directly access the new portfolio-trading algorithm used by Morgan Stanley’s portfolio trading desk.
MS PORT supports equities, futures, and exchange-traded funds, and accesses venues in all major markets in line with Morgan Stanley’s liquidity philosophy. In addition, MS PORT offers clients the ability to analyze each step in the lifecycle of the trade by seamlessly integrating with MS Analytics, Morgan Stanley’s multi-asset analytics platform.
Clients can access MS PORT through Morgan Stanley Passport or through a vendor partner and can execute trades themselves or with the support of the firm’s electronic or portfolio trading teams.
Morgan Stanley Electronic Trading (MSET) provides a complete spectrum of services, from pre-trade analytics and execution to post-trade execution performance analysis and commission management. MSET offers a comprehensive algorithmic trading suite and various direct market access (DMA) strategies, including our smart order routing technology and our dark pool aggregator.
Andrew Silverman, global co-head of electronic trading at Morgan Stanley, said: “The addition of MS PORT to our constantly evolving suite of algorithms underscores our commitment to providing our clients with a complete set of trading tools and solutions to manage their global execution needs.”