Morgan Stanley has officially launched its futures business in mainland China with the establishment of Morgan Stanley Futures (China), the company announced today. The new wholly-owned subsidiary is headquartered in Beijing and will provide brokerage services for commodity futures listed on the Dalian Commodity Exchange, Shanghai Futures Exchange, Shanghai International Energy Exchange, and Zhengzhou Commodity Exchange.
The launch follows approval from the China Securities Regulatory Commission (CSRC), granted in May 2023, enabling Morgan Stanley to expand its operations in the Chinese market.
Morgan Stanley Futures (China) aims to offer a range of services, initially focusing on onshore commodity futures. Looking ahead, the subsidiary plans to expand its offerings to include brokerage services for equity and fixed income financial futures and options, once the necessary qualifications are secured. These will be traded on the China Financial Futures Exchange.
“This is another important step forward for the firm in China as we continue to build our integrated platform to best support domestic and international clients,” said Gokul Laroia, CEO of Morgan Stanley.
This move marks a significant milestone in Morgan Stanley’s broader strategy to enhance its presence in China’s financial markets and solidify its position in the region’s rapidly growing futures industry.
