 Investments |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
Today's announcement that confidence in the UK manufacturing industry is at a 30 year low is yet another knock for an industry which has been under pressure for over a decade. As the UK economy...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
| |
|
|
|
|
Monday 13th October 2008
The massive fall in the Morgan Stanley share price towards the end of last week has pushed the group back into the limelight with many traders making bets that Morgan Stanley will soon be unable to meet its financial obligations and go the same way as Lehman Brothers. Interestingly it is the unwinding of positions held by the fallen bank which has impacted upon Morgan Stanley over the last few days.
It has even come to a point where trades involving Morgan Stanley can only be carried out where money is paid up front to cover the transaction. However, Morgan Stanley is only one of 135 companies where upfront payment is required before trading and it seems as though it could get worse in the so called ‘credit swaps’ market before we reach the bottom.
When you see names such as Morgan Stanley being pushed around by players in the markets and having to pay upfront for trades it does show what bizarre times were are in. With so many other groups being forced to pay upfront for transactions as well it is no wonder that many financial markets have had their hearts ripped away from them. |
→ Full Investments News Archive
→ Return to Homepage
|
|
|
|
| Other top stories in this section:
|
|
|
|
