Morgan Stanley is the first SGX Securities Trading (SGX-ST) member company to execute trades through SGXAccess, allowing their customers to trade in Singapore's securities market from anywhere in the world, through their own trading terminals.
Thomas Kloet, CEO of SGX said, "We are pleased with the response of the broking community to SGXAccess, as evidenced by the first trade being executed by Morgan Stanley today. SGXAccess will not only add value to our member companies' service offerings, but will also further deepen our market's liquidity and add to the global distribution network for SGX's exciting array of products."
Michael Dee, Chief Executive Officer of Morgan Stanley Singapore said, "As the first member firm to adopt SGXAccess, Morgan Stanley is pleased to achieve full connectivity with SGX. This demonstrates to our client base our commitment to connecting people, information and ideas as efficiently as possible within today's marketplace. We are confident that this step will facilitate our clients around the globe with enhanced ease of access to and the liquidity of Singapore traded shares. We look forward to our continued partnership with SGX in providing value added services to all participants of the Singapore marketplace."
