NSX Securities Taps Morgan Stanley for Clearing, Order Routing

NSX, formerly the Cincinnati Stock Exchange, has had its headquarters in Chicago since 1995.

NSX Securities, the wholly-owned broker-dealer and exchange facility of the National Stock Exchange, has chosen Morgan Stanley to provide its clearing services and outbound order routing.

Morgan Stanley is currently working on a new cross-market clearing solution that is due to launch in the third quarter of this year.

"Morgan Stanley's leading-edge technology greatly assists in all facets of the modern exchange routing business and we are pleased to engage with them to leverage their unique and valuable services," says Francis Paulino, president of NSX Securities.

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