MS POOL

MS POOL is Morgan Stanley’s internal crossing platform which capitalizes on many sources of order flow across Morgan Stanley’s execution systems and aggregates them into one dark pool of liquidity. MS POOL provides enhanced crossing opportunities and potential price improvement to our clients. Through this internal crossing platform, your orders will have the ability to interact with other Morgan Stanley order flow prior to being routed externally to exchanges and alternative execution venues where applicable. MS POOL does not accept immediate or cancel (IOC) orders, which can be used to detect large orders in a pool for gaming purposes, and does not route orders or IOI order information out to third parties. Morgan Stanley has always maintained strict rules of engagement for access to MS POOL.

Owned By
Morgan Stanley

Type
Non-Display

Markets Access

• Australia
• Hong Kong
• Japan

Products Available

• Listed Cash Securities

Counterparty

• Local Central Clearing House

Minimum Order Size

• Available as on order parameter and can be specified as an absolute amount or a percentage of the order

Trading System

• Via FIX
• Proprietary Platform

Order Types

• Pegged to Near, Mid or Far

Launched
2007