Morgan Stanley has cleared client over-the-counter (OTC) interest rate swaps through LCH.Clearnet. The swaps were cleared via LCH’s SwapClear Futures Commission Merchant (FCM) service for U.S. clients.
The transactions were executed via Tradeweb’s electronic execution platform and transmitted to LCH through MarkitWire. Morgan Stanley offers clearing services for OTC and listed derivatives for its clients globally.
Click here for the release from Business Wire.