Investi a livello globale

Mercati europei

Paese	Mercato	Routing
	Euronext Amsterdam	Direct to Market / Morgan Stanley SOR*
	Euronext Brussel	Direct to Market / Morgan Stanley SOR*
	Euronext Paris	Direct to Market
	Xetra	Direct to market / Morgan Stanley SOR**
	Börse Frankfurt	Direct to market / Morgan Stanley SOR**
	London Stock Exchange (continuous trading)	Morgan Stanley SOR***
	London Stock Exchange (SETSqx on AIM segment)	Market makers (Peel Hunt and Winterflood)
	Vienna Stock Exchange	Morgan Stanley SOR***
	SIX Swiss Exchange	Morgan Stanley SOR***
	OMX Copenhagen	Morgan Stanley SOR***
	Bolsa de Madrid	Morgan Stanley SOR***
	OMX Helsinki	Morgan Stanley SOR***
	Athens Stock Exchange	Morgan Stanley***
	Budapest Stock Exchange	Morgan Stanley***
	Euronext Dublin	Morgan Stanley SOR***
	Borsa Italiana S.p.A.	Morgan Stanley SOR***
	Oslo Stock Exchange	Morgan Stanley SOR***
	Warsaw Stock Exchange	Morgan Stanley***
	Euronext Lisbon	Morgan Stanley SOR***
	OMX Stockholm	Morgan Stanley SOR***
	Prague Stock Exchange	Morgan Stanley***
	Istanbul Stock Exchange	Morgan Stanley***

Mercati Nord Americani

Paese	Mercato	Routing
	NASDAQ, NYSE, NYSE MKT (AMEX), NYSE Arca, Currenex	Morgan Stanley SOR
	Toronto Stock Exchange	Morgan Stanley SOR***
	Toronto Ventures Exchange	Morgan Stanley SOR***

Mercati in Asia e Oceania

Paese	Mercato	Routing
	Australian Securities Exchange	Morgan Stanley***
	Hong Kong Stock Exchange	Morgan Stanley***
	Tokyo Stock Exchange	Morgan Stanley***
	Singapore Exchange	Morgan Stanley***

Mercati Europei

Paese	Mercato	Routing
	Euronext Amsterdam	Direct to Market / Morgan Stanley SOR*
	Euronext Brussel	Direct to Market / Morgan Stanley SOR*
	Euronext Paris	Direct to Market
	Xetra	Direct to market / Morgan Stanley SOR**
	Börse Frankfurt	Direct to market / Morgan Stanley SOR**
	London Stock Exchange (continuous trading)	Morgan Stanley SOR***
	London Stock Exchange (SETSqx on AIM segment)	Market makers (Peel Hunt and Winterflood)
	Vienna Stock Exchange	Morgan Stanley SOR***
	SIX Swiss Exchange	Morgan Stanley SOR***
	OMX Copenhagen	Morgan Stanley SOR***
	Bolsa de Madrid	Morgan Stanley SOR***
	OMX Helsinki	Morgan Stanley SOR***
	Athens Stock Exchange	Morgan Stanley***
	Budapest Stock Exchange	Morgan Stanley***
	Euronext Dublin	Morgan Stanley SOR***
	Borsa Italiana S.p.A.	Morgan Stanley SOR***
	Oslo Stock Exchange	Morgan Stanley SOR***
	Warsaw Stock Exchange	Morgan Stanley***
	Euronext Lisbon	Morgan Stanley SOR***
	OMX Stockholm	Morgan Stanley SOR***
	Prague Stock Exchange	Morgan Stanley***
	Istanbul Stock Exchange	Morgan Stanley***

Mercati Nord America

Paese	Mercato	Routing
	NASDAQ, NYSE, NYSE MKT (AMEX), NYSE Arca, Currenex	Morgan Stanley SOR***
	Toronto Stock Exchange	Morgan Stanley SOR***
	Toronto Ventures Exchange	Morgan Stanley SOR***

Mercati in Asia e Oceania

Paese	Mercato	Routing
	Australian Securities Exchange	Morgan Stanley***
	Hong Kong Stock Exchange	Morgan Stanley***
	Tokyo Stock Exchange	Morgan Stanley***
	Singapore Exchange	Morgan Stanley***

*Per questo mercato di riferimento gli ordini possono seguire il routing Direct to Market o Morgan Stanley Smart Order Router (SOR), a seconda del prodotto. Quando il Morgan Stanley SOR viene utilizzato per un prodotto, gli ordini giornalieri seguono il routing tramite il SOR e gli ordini good-till-cancel (Continui) il routing Direct-to-market.

**Per questo mercato di riferimento gli ordini possono seguire un routing Direct to Market o tramite Morgan Stanley Smart Order Router (SOR), a seconda del prodotto. Morgan Stanley utilizza ordini sintetici good-till-cancel (Continui). Un ordine sintetico good-till-cancel significa che l'ordine viene inviato ogni giorno come ordine giornaliero fino a quando l'ordine non viene annullato o eseguito.

***Per questo mercato di riferimento gli ordini seguono un routing tramite Morgan Stanley. Morgan Stanley utilizza ordini sintetici good-till-cancel (Continui). Un ordine sintetico good-till-cancel significa che l'ordine viene inviato ogni giorno come ordine giornaliero fino a quando l'ordine non viene annullato o eseguito.