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Hormuz Who? Iran War Volatility Hands Morgan Stanley A $5.15 Billion Trading Quarter

Hormuz Who? Iran War Volatility Hands Morgan Stanley A $5.15 Billion Trading Quarter

Remember March? When oil was ripping, the Strait of Hormuz was blockaded, and every market strategist on TV was warning about a generational shock? Morgan Stanley 's (NYSE: MS ) trading desks apparently took notes — and then took the other side. MS stock is moving. See the chart and price action here. Morgan Stanley Record Trading Revs The firm reported Wednesday that it pulled in $5.15 billion from equity trading in the first three months of 2026, a single-quarter record for the segment. Fixed income added another $3.36 billion. Put those together and the Institutional Securities division cleared $10.7 billion in net revenue, the best three-month run it has ever reported. The top-line numbers are just as striking . Total net revenue hit $20.6 billion — the ... Full story available on Benzinga.com

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