Morgan Stanley announced on January 22 that its wholly-owned subsidiary, Morgan Stanley Futures (China), has officially begun operations, focusing on commodity futures brokerage within China.

Based in Beijing, the company initially offers brokerage services for commodity futures listed on the Dalian Commodity Exchange, Shanghai Futures Exchange, Shanghai International Energy Exchange, and Zhengzhou Commodity Exchange. Looking ahead, Morgan Stanley Futures plans to expand its scope by applying for membership in the China Financial Futures Exchange. Once approved, it aims to offer brokerage services for equity and fixed-income financial futures and options.

The launch marks a significant milestone in Morgan Stanley’s expansion in China's financial markets.