Key facts
- Morgan Stanley's futures commission merchant unit increased its adjusted net capital by $6.2 billion in July.
- This was the largest monthly increase in the firm's history.
- The unit's total capital reached $26.7 billion by the end of July.
- Morgan Stanley now holds the highest capitalisation among US FCMs.
Morgan Stanley's futures commission merchant (FCM) unit experienced its largest-ever monthly increase in adjusted net capital in July, adding $6.2 billion. This significant rise, equivalent to a 30% month-on-month increase, brought the unit's total capital to a record $26.7 billion by the end of the month. This surge in capitalisation positions Morgan Stanley as the most capitalised US FCM.