Morgan Stanley plans to start bitcoin swap trading

Morgan Stanley plans to start bitcoin swap trading
Clients of the investment bank Morgan Stanley will soon have an opportunity to gain access to sophisticated derivatives, tied to bitcoin.

According to Bloomberg, Morgan Stanley Banking Holding will provide its clients with the opportunity to trade swaps for total earnings from the dynamics of the bitcoin rate.

In fact, investors will be able to open long and short positions on swaps for common earnings (price return swap). The bank does not plan to trade the first cryptocurrency directly.

Such a step was made by the company six ...
Read more about "Morgan Stanley plans to start bitcoin swap trading" on coinatory.com

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