The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Awards

Best bank in electronic equities: Morgan Stanley

Highly commended: Lehman Brothers, UBS

Morgan Stanley clings to the overall award for best bank in electronic equities for the fourth consecutive year, so no other bank has ever won it.

Its lead is, however, growing less comfortable. This year UBS equalled Morgan Stanley’s tally, with three awards and two highly commended titles in the equities categories. UBS’s most significant accomplishment is winning the award for connectivity. Its award for new-issue technology is also an important success and is one area where its product has learnt from and then bettered Morgan Stanley’s site. UBS’s award for best equities research site was also hard won against much competition.

Morgan Stanley’s awards for programme trading, direct market access, and prime brokerage are however arguably more significant. To say that electronic trading technology is an increasingly important part of brokerage is an understatement. Technology’s importance to the equities trading business is twofold. Changing trading styles, such as the growth of direct market access and programme trading, and ever declining commissions, mean that the high volume, low-touch model is becoming the business model for players targeting the top accounts. Against this background, technological sophistication is also increasingly becoming the key differentiator between the leading brokers.

Prime brokerage is also a growing focus for top investment banks.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree