Morgan Stanley to offer bitcoin swap trading - Bloomberg

Reuters

Published Sep 13, 2018 08:31AM ET

Morgan Stanley to offer bitcoin swap trading - Bloomberg

(Reuters) - Morgan Stanley (NYSE:MS) plans to offer trading in derivatives tied to bitcoin, Bloomberg reported on Thursday, citing a person familiar with the matter.

The bank does not plan to trade bitcoin directly and its swaps are tied to bitcoin futures contracts, the person said.

Morgan Stanley did not immediately respond to a Reuters request for comment.