Morgan Stanley’s VAR averaged $61m in Q3
Trading risk indicator surged 33%, second-hottest reading since 2013
Trading risk at Morgan Stanley rose for the second consecutive quarter in Q3, hitting the highest level since the beginning of last year.
Daily value-at-risk – management’s gauge of the most the trading desk could lose on any given day – averaged $61 million during the three months to end-September. This was up 33% quarter on quarter and 36% year on year.
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It was the second-hottest reading since 2013, just behind an average VAR of $69 million recorded in Q1 2021.
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