Morgan stanley fixed income sales and trading Morgan Stanley trades all fixed-income assets with embedded credit in a variety of areas, from municipal securities, to investment-grade and high-yield bond and credit derivatives trading. The average additional pay is $42K per year, which could include cash bonus, stock, commission, profit sharing or tips. government, corporate, and securitized assets, including commercial mortgage-backed securities, residential mortgage-backed securities, and asset-backed securities. The estimated average salary for a Fixed Income Sales and Trading Analyst at Morgan Stanley in Las Palmas de Gran Canaria, Spain is $104,911 per year or $50 per hour, but some professionals have reported earning up to $108,686 (90th percentile). Treasuries and other sovereign bonds, municipal bonds Overview Morgan Stanley is a global financial services firm engaged in a broad spectrum of activities, including transactions in fixed income securities (including corporate and sovereign bonds), swaps and options (including interest rates and credit), foreign exchange and other fixed income financial instruments (“Fixed Income Products”) for a variety of purposes. ADR Custody Fee (s) Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. Jan 16, 2025 · Morgan Stanley on Thursday topped estimates for fourth-quarter earnings and revenue as the firm's equities and fixed income traders exceeded expectations. Oct 11, 2010 · Fixed Income (FI) - What Is It? Fixed income is a type of trading that falls under the sales and trading umbrella. Any idea on what I should expect? I'm not sure if I should spend my time studying different fixed income product groups or if this is just a screener to figure out if I'm smart. EMEA Fixed Income Sales COO: The European Fixed Income Sales (FID) COO team at Morgan Stanley is offering an exciting industrial placement opportunity for university students interested in financial markets and strategy. Mr. The average Fixed Income Sales and Trading Analyst base salary at Morgan Stanley is $136K per year. The average salary for a Fixed Income Sales and Trading Analyst is $140,733 per year (estimate) in Roselle Park, NJ, which is Infinity% higher than the average Morgan Stanley salary of $0 per year (estimate) for this job. Average salary for Morgan Stanley Fixed Income Sales And Trading Analyst in Us: US$103,562. John Dillon is a portfolio manager for the Fixed Income Managed Solutions Team. Technical and Analytical Interviews focus on deep technical knowledge and analytical abilities related to trading. Nov 19, 2021 · JPMorgan's table makes it clear that the tier one global banks are all the Americans. Average salary for Morgan Stanley Fixed Income Sales and Trading Analyst in Remote: $0. The average salary for a Fixed Income Sales and Trading Analyst is $140,966 per year (estimate) in Rocky Point, NY, which is Infinity% higher than the average Morgan Stanley salary of $0 per year (estimate) for this job. Feb 28, 2022 · In fixed income regional/middle market banks tend to pay their traders/salespeople hard dollar and as such they tend to be places where more senior guys with BB experience and good relationships will go to try to monetize those relationships. Jan 7, 2025 · As we enter 2025, the Broad Markets Fixed Income Team provides a comprehensive analysis of anticipated trends in fixed income markets, highlighting key areas of opportunity and caution for investors. The estimated average salary for a Fixed Income Sales and Trading Analyst at Morgan Stanley in Nassau, NY is $145,430 per year or $70 per hour, but some professionals have reported earning up to $263,732 (90th percentile). The average salary for a Fixed Income Sales and Trading Analyst is $161,842 per year (estimate) in Interlaken, NJ, which is 13% higher than the average Morgan Stanley salary of $142,576 per year (estimate) for this job. 3 Global Credit Products Morgan Stanley trades all fixed-income assets with embedded credit in a variety of areas, from municipal securities, to investment-grade and high-yield bond and credit derivatives trading. Morgan, it is quite distinct in how it's structured. His prior roles include over 10 years as Morgan Stanley’s Chief Municipal Bond Strategist, as well as various positions encompassing municipal strategy, research, trading, sales, underwriting and corporate credit analysis Apr 11, 2025 · Shares were down 0. 4 Morgan Stanley Fixed Income Sales And Trading Summer Analyst interview questions and 4 interview reviews. dollar-denominated investment-grade fixed income securities, particularly U. This means that the borrower paid a fixed amount of money on a fixed schedule. Meanwhile, equities traders at Goldman Sachs, JPMorgan and Morgan Stanley again stormed Net Income Applicable to Morgan Stanley. Discover how to understand our commissions and fees, including transaction commissions and markups, asset-based fees and other fees and charges. Jan 1, 2025 · The Municipals team is one of the largest municipal bond-focused teams in the industry with decades of experience. These are the fixed income interview questions you should be prepared for when interviewing as a summer analyst for a sales and trading position. Student / Prospective Monkey at Morgan Stanley Group/Division/Type Fixed Income City New York Interviewed Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. The Equity Middle Markets business serves certain qualifying institutional accounts at Morgan Stanley and facilitates trading on the trading platforms of Morgan Stanley & Co. First round was in early September on the phone. The estimated average salary for a Fixed Income Sales and Trading Analyst at Morgan Stanley in Boa Vista, Brazil is $104,997 per year or $50 per hour, but some professionals have reported earning up to $109,388 (90th percentile). We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees. Feb 25, 2023 · For those not yet in the sales and trading industry, there's a lot of confusion and misinformation about the salary and bonus structure. Retirement Benefits: 401 (k) retirement plan. Overview Morgan Stanley is a global financial services firm and its Institutional Securities Group’s fixed income sales & trading businesses (including personnel in its fixed income private side businesses) are engaged in a broad spectrum of FIC activities, including transactions in fixed income securities (including corporate bonds, U. I then was asked two problem solving questions, one including a time value of money question and a probability question. Rates trading revenues were stronger than FX revenues during the period. Fixed-income summer Analysts then attend Sales & Trading division-specific training where they learn core skills essential for success. “Through meeting people there, I worked out that there are a lot of opportunities at Morgan Stanley to find a role exactly like that. Discover the latest thought leadership and insights for fixed income. boomboom - Sales and Trading Analyst For fixed income: Tier 1: JPM, DB, Barcap, GS, CItI (if commodities isnt considereD) Tier 2: BAML (might be even in tier 1), CS, UBS, MS Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. Jul 6, 2023 · Fixed income is generally the largest division within the entire trading floor. Past performance is not Today’s top 150 Morgan Stanley Sales Trading jobs in United States. Dec 6, 2023 · Average base and bonus sales & trading salaries for analysts and associates in their first, second and third years. Money market instruments are short-term fixed-income debt securities, which generally have remaining maturities of one year or less, and may include Treasury Bills, commercial paper and certificates of deposit. Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. Apr 21, 2025 · What are the general thoughts on this forum regarding Morgan Stanley S&T, particularly in the fixed income or commodities spaces? General information on culture, hours, comp, etc. The average additional pay is $25K per year, which could include cash bonus, stock, commission, profit sharing or tips. The Broad Markets Fixed Income Team reflects on the events of March, but also discusses the market movements that transpired the first few days of April. The bank said that quarterly profit more M&A ”) advisory, restructurings, real estate and project finance, corporate lending, investment activities, as well as providing sales, trading, financing and market-making activities in equity and fixed income securities and related products, including Foreign Exchange(“ FX ”) and commodities, both as principal and as agent. He serves on several boards including Legal and General Investment Management Americas, TP-ICAP, a London-based public company, and on Lafayette College's Board of Trustees The Broad markets Fixed income team unites the expertise of single-sector research and trading teams across the Morgan Stanley Investment Management fixed income platform to identify what they believe are the best opportunities in fixed income. Morgan Stanley’s Fixed Income Division recently formed a group to focus on providing electronic trading solutions to institutional clients: E-Markets. The estimated additional pay is $43,372 per year. Jun 12, 2024 · Mr. We actively assess and manage risk, trade securities and structure as well as execute innovative transactions in a constantly changing global market. The Core Fixed Income Srategy is a value-oriented fixed income strategy that invests primarily in a diversified mix of U. And fixed income, particularly, was what appealed to me. Feb 16, 2010 · If you know you are interested in fixed income, you should be looking for a bank with a strong fixed income platform and the same can be said for commodities, equities, etc. Goldman Sachs, Morgan Stanley, Citi, Bank of America and JPMorgan itself are the only banks with big revenues across all major product lines (the investment banking division, equities sales and trading and fixed income sales and trading). Additional pay could 52 Morgan Stanley Fixed Income jobs available on Indeed. 8% in midday trading. This Jul 20, 2009 · Morgan Stanley (NYSE: MS) announced today that Jack DiMaio will join the Firm as the Global Head of Interest Rate, Credit and Currency trading. Nov 25, 2020 · By comparison, fixed income traders at Bank of America, Deutsche Bank and HSBC have all lost share in 2020. Average salaries for Morgan Stanley Fixed Income Sales And Trading Analyst: [salary]. Apr 10, 2025 · The average Sales and Trading Analyst base salary at Morgan Stanley is $106K per year. The Program length varies between three or six months, depending on business needs and candidate availability. The estimated total pay for a Fixed Income Sales and Trading Analyst at Morgan Stanley is $148,264 per year. Morgan Stanley trades as Compensation info for 1st Year Analyst in Morgan Stanley (New York). The estimated total pay range for a Fixed Income Sales and Trading Analyst at Morgan Stanley is $111K–$186K per year, which includes base salary and additional pay. A Communications major in college, Tomoko never thought she’d work in finance. Superday was in later September over zoom. As we enter into transactions with you based upon a mutual understanding of the terms and conditions of our dealing, it is important that you read this letter to understand how we may trade in relation to your expressions of interest or orders (as applicable) in fixed income and commodities products (collectively, “FIC Transaction Requests Aug 20, 2025 · Watch our latest global fixed income video, analysing the affects on global trade, monetary policy and raised stagflation worries. Health Benefits: Medical / Health. Jan 23, 2023 · Our capabilities are driven by six specialized teams that span the global fixed income capital markets. Morgan Stanley earns a profit by acting as a market maker for customers’ purchases and sales of financial instruments. These includes Feb 4, 2023 · 14 Morgan Stanley Fixed Income Sales And Trading Analyst jobs. Aug 5, 2025 · The Broad markets Fixed income team unites the expertise of single-sector research and trading teams across the Morgan Stanley Investment Management fixed income platform to identify what they believe are the best opportunities in fixed income. Based on 563120 salaries posted anonymously by Morgan Stanley Fixed Income Sales and Trading Analyst employees in Remote. Fixed Income Summer Analyst Morgan Stanley Jun 2019 - Aug 2019 3 months Greater New York City Area Sales and trading: Sales, financing and market-making activities, in equity securities and fixed income products, including foreign exchange and commodities Prime brokerage Other: Corporate lending activities and credit products Investments Research Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. Leverage your professional network, and get hired. Fixed Income Summer Analysts then attend Sales & Trading division-specific training where they learn core skills essential for success. Specialized teams focusing on fixed income sectors. In equities sales and trading, SocGen's traders look like this year's biggest losers, but HSBC and BNP Paribas' equities traders also underperformed. The estimated total pay range for a Fixed Income Sales and Trading Analyst at Morgan Stanley is $140K–$230K per year, which includes base salary and additional pay. Deep fundamental research forms the foundation of our investment strategies. However, relative to its peers like Goldman Sachs and J. ” Through a summer internship program, Annabel got a taste of working on the trading desk. Jun 1, 2025 · Training & development Summer Analysts begin with a one-day orientation where they are introduced to the Firm’s businesses and learn what it’s like to be an employee at Morgan Stanley. Morgan Stanley Industry Detail: Sales and Trading Group/Division/Type: FICC - Fixed Income Currency and Commodities City: New York, NY10036United States Year: 2018 Compensation Annual Salary in USD Add your data to unlock Full WSO Database Cash Bonus in USD Add your data to unlock Full WSO Database Total Pay in USD Add your data to unlock Full Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. The estimated average salary for a Fixed Income Sales and Trading Analyst at Morgan Stanley in Cohoes, NY is $137,233 per year or $66 per hour, but some professionals have reported earning up to $239,722 (90th percentile). As of April 10, 2017, the Morgan Stanley Fixed Income Sales and Trading Department took the role of index sponsor (the “Index Sponsor”) and Morgan Stanley India Financial Services Private Limited took the role of compiling and publishing all the MSFX Indices. Apr 30, 2025 · Discover the fixed income outlook for 2025 and areas that may provide relative value and diversification as investors wait for clarity on tariff policies. The average salary for a Fixed Income Sales and Trading Analyst is $214,379 per year (estimate) in Mastic Beach, NY, which is 48% higher than the average Morgan Stanley salary of $143,906 per year (estimate) for this job. The average salary for a Fixed Income Sales and Trading Analyst is $146,482 per year (estimate) in Howell, NJ, which is 2% higher than the average Morgan Stanley salary of $142,576 per year (estimate) for this job. - Fixed Income Sales and Trading Intern - - Morgan Stanley Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. Interview Tips Sales & Trading Roles involve pricing strategies, working with clients, and handling various assets like fixed-income, commodities, derivatives, equities, and bonds. Learn from Morgan Stanley industry professionals and thought leaders. ". Process pushed back because of COVID uncertainties. The Morgan Stanley Fixed Income Sales and Trading Internship Program is based in London, runs for 6 or 9 months and is aimed at students who are required to complete a long-term internship as part of their studies or have already graduated. Thousands of discussions with sales and trading analysts, associates, vice presidents and managing directors. assets. New Morgan Stanley Sales Trading jobs added daily. Morgan Stanley's investment banking revenue rose 8% from a year earlier, bolstered by higher advisory and fixed income underwriting revenue. Feb 18, 2025 · I recently received a phone interview for MS' s 2026 Fixed Income Summer Analyst program. Equity and Fixed Income Division Trading Practices and Information – MIFID II Cost & Charges This disclosure is part of our ongoing effort to provide transparency to our clients on our business practices. Mar 14, 2025 · In light of recent developments in the geopolitical and macroeconomic environment, such as trade tensions and changing monetary policies, how would you stay informed and adapt your trading and sales strategies for the Asia Fixed Income market? Please share your approach to monitoring and analyzing these factors to make informed investment decisions. How do we calculate pay? How accurate is a total pay range of $105K-$166K/yr? Home Company Database Morgan Stanley Salary Fixed Income Sales and Trading Morgan Stanley Sales and Trading Est Annual Revenue: $25bn+ Website Industry: Asset Management Equity Research Investment Banking Sales and Trading Social: Company Overview All Interviews (982) All Salaries (1502) All Reviews (655) Jul 15, 2021 · But a miss in Morgan Stanley's fixed income and trading business helped add to a pre-market stock decline of about 2% in early Thursday trading. The strategy may also invest At Morgan Stanley, giving back is a core value—a central part of our culture globally. The estimated total pay range for a Fixed Income Sales and Trading Analyst at Morgan Stanley is $132K–$222K per year, which includes base salary and additional pay. com. DiMaio, who has more than 20 years experience in the bond and credit markets and previously served as the Head of Fixed Income (North America) at Credit Suisse as well as the Head of Alternative Investments at Credit Suisse Asset Management, will . Discover what the top sales and trading interview questions are, what desks are worth pursuing, and what the future of the industry likely is in 2023 and beyond. John joined Morgan Stanley in 1987, where he began his career in the investment industry. Heard back about a week after the Superday by a phone call from HR. The estimated total pay for a Fixed Income Sales and Trading Analyst at Morgan Stanley is $173,200 per year. P. The Sales & Trading Off-Cycle Internship Programme is an opportunity to experience the culture and atmosphere in the Sales & Trading Division by taking on some of the roles and responsibilities of a Full-time Analyst for a short period. Applied in April. City Mumbai (MSA) Education Level Bachelor's Degree, Master's Degree Business Unit Fixed Income Sales and Trading Job description We’re seeking interns to join our Fixed Income Division Team for the Summer Internship Program. The Institutional Securities segment includes corporate advisory services, M&A, restructuring, real estate, and project finance, equity and fixed income sales and trading, and other activities. Meet our Individual Investor investment teams and learn more about their experience and capabilities. 9 04 Global Credit Products Morgan Stanley trades all fixed-income assets with embedded credit in a variety of areas, from municipal securities to investment-grade and high-yield bonds to credit derivatives trading. Jan 16, 2025 · While bank stocks have been supported by enthusiasm for rising deal activity, it was actually the trading side that helped Morgan Stanley more in the quarter. Traditionally, fixed income trading meant trading investments that had a fixed income. The estimated average salary for a Fixed Income Sales and Trading Analyst at Morgan Stanley in Farafenni, Gambia is $104,675 per year or $50 per hour, but some professionals have reported earning up to $109,188 (90th percentile). The estimated base pay is $104,892 per year. Morgan Stanley salary trends based on salaries posted anonymously by Morgan Stanley employees. Free interview details posted anonymously by Morgan Stanley interview candidates. At December 31, 2020, our SLR reflects the impact of a Federal Reserve interim final rule that was in effect until March 31, 2021. This was followed up with a why morgan stanley then a why fixed income. Jul 8, 2007 · Anybody have insights into the full time recruiting process for fixed income sales and trading at morgan stanley . Sep 6, 2024 · Sophomore programs are programs created specifically for first-year and sophomore students and are typically targeted towards under-represented groups such as racial minorities, the LGTBQ+ communit… Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. Based on 34774 salaries posted anonymously by Morgan Stanley Fixed Income Sales And Trading Analyst employees in Us. The estimated average salary for a Fixed Income Sales and Trading Analyst at Morgan Stanley in Pajo, Bhutan is $104,662 per year or $50 per hour, but some professionals have reported earning up to $109,219 (90th percentile). As we enter into transactions with you, it is important Learn why this Executive Director on the Morgan Stanley sales and trading desk thinks using his finance and computer science skills to problem solve is "fun. Jan 15, 2025 · Program Overview Summer Analysts begin with a one-day orientation where they are introduced to the Firm’s businesses and learn what it’s like to be an employee at Morgan Stanley. Sales & Trading Morgan Stanley is a market leader in the distribution and trading of Japanese and international equities, bonds and credit products, as well as foreign exchange and derivative products. We structure, underwrite and trade the full range of collateralized securities. The contents of this letter are also available at Disclosures and may be updated from time to time. As a global financial services firm, Morgan Stanley is committed to technological innovation. Search job openings, see if they fit - company salaries, reviews, and more posted by Morgan Stanley employees. What are the interviews and assessment days like. Fixed Income Sales and Trading at Morgan Stanley · Fixed Income Professional with over fourteen years of applicable experience in fixed income investment and trading strategies, including long Nov 23, 2024 · Another core money maker is selling and trading equities and fixed income. Apply to Assistant Vice President, Product Analyst, Digital Strategist and more! Your role Program overview: Summer Analysts begin with a one-day orientation where they are introduced to the Firm’s businesses and learn what it’s like to be an employee at Morgan Stanley. The estimated base pay is $123,617 per year. Dec 21, 2010 · 1 Morgan Stanley Fixed Income Sales and Trading interview questions and 1 interview reviews. This is 8-10 weeks internship program designed as an opportunity to learn more about the important role that Fixed Income Division plays within the Firm. Overview Morgan Stanley is a global financial services firm and its Institutional Securities Group’s fixed income sales & trading businesses (including certain sales personnel in its private side capital markets business) are engaged in a broad spectrum of FIC activities, including transactions in fixed income securities (including corporate bonds, U. Now she’s a Vice President in our Tokyo Fixed Income Division working on transaction analysis on our Special Situations Group. Each specialized team has the autonomy to implement its own approach while centralized resources allow them to focus on driving investment excellence. S. We invest across the world’s fixed income markets to meet clients’ needs for income and capital preservation. For further information, refer to ‘Regulatory Requirements’ on pages 21-25 in the Firm’s Quarterly Report on Form 10-Q for the period ended March 31, 2024. Fixed Income Sales at Morgan Stanley · As an Executive Fixed Income Trader and Portfolio Manager, I have a deep background in many different areas of the fixed income markets. Heaney retired in 2016 as the Global Co-Head of the Fixed Income Sales and Trading Division at Morgan Stanley after 28 years at the firm’s New York and London offices. LLC (“MSCO”). 5 days ago · In this environment, Morgan Stanley Research recommends an overweight position in stocks, equal-weight in fixed income and underweight in commodities and cash, with a strong preference for U. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Currently, I work as a Manager at Morgan Stanley Advantage Services, specializing in FX Private Bank OTC Front Office Sales Support (Sales & Trading, Fixed Income Division). Nov 28, 2022 · Morgan Stanley offers one of the strongest sales and trading platforms for a young person to join. Even though Morgan Stanley was hiring macro traders as recently as February in London, fixed income revenues fell 12% year-on-year in the first quarter versus a strong Q1 last year. Commission is charged by Morgan Stanley and MSCO with respect to such equity trades when Morgan Stanley and MSCO serve as a broker. Morgan Stanley trades fixed income assets across a variety of areas, including government and corporate bonds, investment-grade and high-yield and credit derivatives. They strive to meet the income and return goals of investors by offering strategies spanning the entire yield curve and credit spectrum. International Plc, Morgan Stanley Europe SE and Morgan Stanley Bank International Limited (together Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. A Morgan Stanley campus recruitment event piqued her interest. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. In this role, I collaborate closely Vice President - Fixed Income Sales at Morgan Stanley · Proven Financial Services professional with experience spanning trading, client relations, international business, leadership, and Average salaries for Morgan Stanley Fixed Income Sales and Trading Analyst: $0. The estimated additional pay is $49,583 per year. 13 Morgan Stanley Fixed Income Sales And Trading jobs. Jul 22, 2025 · Sales and trading revolves around traders and sales people making markets for clients across a variety of different asset classes. Oct 15, 2025 · Find investor relations resources here, including earnings reports, presentations, webcasts, FAQs, contacts and more. These are the Morgan Stanley sales and trading interview questions you need to know. May 25, 2023 · Morgan Stanley is cutting 3,000 people across the bank and fixed income is not immune. Treasuries and other sovereign bonds Sales and Trading Forum. The goal of the E-Markets Group is to deploy execution solutions using the firm’s premier trading technology and infrastructure to clients across the most liquid fixed-income businesses: foreign exchange, rates and credit. In accordance with applicable legal and regulatory requirements, Morgan Stanley & Co. Some are under the impression that sales and trading operates under an entirely variable compensation structure. would be greatly appreciated. We offer products and services in fixed income and institutional equity sales and trading, global capital markets and research for governments, corporations and other institutional investors. Additional pay could Re: Trading Practices and Information Regarding Exchange-Traded Fund (“ETF”) Transactions Executed by the Fixed Income Division This letter is part of our ongoing effort to provide transparency to our clients on our business practices. Manager at Morgan Stanley | Fixed Income Sales and Trading Support · I am a dedicated finance professional with a strong background in Foreign Exchange (FX) and financial products. Jan 8, 2023 · 11 Morgan Stanley Fixed Income Sales And Trading Analyst jobs in United States. blhxln wiwl jwdea nhdcs evexzw batvrb impj ylsd jpm bwk qiusk lmws nhwjn bgxo tqaz