Business Segments · Trading

Institutional Securities1 — Trading

Morgan Stanley Institutional Securities1 — Trading increased by 84.5% to $6.60B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.0%, from $5.11B to $6.60B. Over 4 years (FY 2021 to FY 2025), Institutional Securities1 — Trading shows an upward trend with a 9.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

Higher revenue indicates strong client flow and effective risk management, whereas lower revenue may signal reduced market volatility or decreased client activity.

Detailed definition

Revenue derived from market-making and principal trading activities across fixed income, equities, and commodities. It r...

Peer comparison

Commonly reported as Sales and Trading revenue by global investment banks.

Metric ID: ms_segment_is_trading

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.08B$2.90B$2.31B$4.21B$3.98B$3.33B$2.81B$4.26B$3.59B$3.66B$2.96B$4.58B$4.05B$3.71B$3.63B$5.11B$4.35B$4.68B$3.58B$6.60B
QoQ Change-5.9%-20.4%+82.4%-5.4%-16.2%-15.7%+51.7%-15.6%+1.8%-19.2%+55.0%-11.7%-8.4%-2.1%+40.9%-14.9%+7.6%-23.6%+84.5%
YoY Change+29.2%+14.9%+21.8%+1.2%-9.6%+9.9%+5.3%+7.7%+12.6%+1.3%+22.7%+11.6%+7.5%+26.2%-1.4%+29.0%
Range$2.31B$6.60B
CAGR+17.4%
Avg YoY Growth+11.9%
Median YoY Growth+10.7%

Frequently Asked Questions

What is Morgan Stanley's institutional securities1 — trading?
Morgan Stanley (MS) reported institutional securities1 — trading of $6.60B in Q1 2026.
How has Morgan Stanley's institutional securities1 — trading changed year-over-year?
Morgan Stanley's institutional securities1 — trading increased by 29.0% year-over-year, from $5.11B to $6.60B.
What is the long-term trend for Morgan Stanley's institutional securities1 — trading?
Over 4 years (2021 to 2025), Morgan Stanley's institutional securities1 — trading has grown at a 9.4% compound annual growth rate (CAGR), from $12.35B to $17.72B.
What does institutional securities1 — trading mean?
Revenue generated from buying and selling financial instruments on behalf of clients and for the firm's own account.