Commentary

Elaine Wah

Modern Markets, Modern Metrics - A Blog By IEX

In this blog by IEX's Elaine Wah, the newest public exchange looks to refute public claims that the metrics it uses are designed to inflate its own volume numbers and mislead people.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




Free Site Registration

November 8, 2005

Morgan Melds Operations

By Editorial Staff

Morgan Stanley is taking steps to bring its equities and fixed income departments closer together. Jerker Johansson, head of institutional equities, and Neal Shear, head of fixed income, will become co-heads of institutional sales and trading. These new positions give the two execs joint responsibility for equities and fixed income. The move, designed to generate more revenue and lower costs, will provide an "integrated approach to client service," according to the company. Costs are to be pared by eliminating overlapping functions and "streamlining" Morgan Stanley's technology platforms. Certain trading activities will be combined.