Morgan Stanley elevated its international change choices notional with US mutual funds and exchange-traded funds greater than fivefold through the first quarter of 2024, largely owing to important buying and selling with Franklin Templeton.
The US financial institution jumped from sixth to prime in Q1, with a complete FX choices e book worth of $10.6 billion, up from simply $1.9 billion within the earlier quarter.
Round three-quarters of its trades have been with Franklin Templeton – all numerous US greenback/yen choices. Morgan Stanley was
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