Worldwide investing

Evropa

Země	Trh	Směrování
	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***
	Pražská burza cenných papírů	Morgan Stanleyt***
	Istanbul Stock Exchange	Morgan Stanley***

Severní Amerika

Země	Trh	Směrování
	NASDAQ, NYSE, NYSE MKT (AMEX), NYSE Arca	Morgan Stanley SOR***
	Toronto Stock Exchange	Morgan Stanley SOR***
	Toronto Ventures Exchange	Morgan Stanley SOR***

Asie a Oceánie

Země	Trh	Směrování
	Australian Securities Exchange	Morgan Stanley***
	Hong Kong Stock Exchange	Morgan Stanley***
	Tokyo Stock Exchange	Morgan Stanley***
	Singapore Exchange	Morgan Stanley***

Evropa

Země	Trh	Směrování
	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***
	Pražská burza cenných papírů	Morgan Stanley***
	Istanbul Stock Exchange	Morgan Stanley***

Severní Amerika

Země	Trh	Směrování
	NASDAQ, NYSE, NYSE MKT (AMEX), NYSE Arca	Morgan Stanley SOR***
	Toronto Stock Exchange	Morgan Stanley SOR***
	Toronto Ventures Exchange	Morgan Stanley SOR***

Asie a Oceánie

Země	Trh	Směrování
	Australian Securities Exchange	Morgan Stanley***
	Hong Kong Stock Exchange	Morgan Stanley***
	Tokyo Stock Exchange	Morgan Stanley***
	Singapore Exchange	Morgan Stanley***

*For this reference market orders can be routed Direct to Market or via the Morgan Stanley Smart Order Router (SOR), dependent on the product. When the Morgan Stanley SOR is used for a product, day orders are routed via the SOR and good-till-cancel (GTC) orders Direct-to-market.

**For this reference market orders can be routed Direct to Market or via the Morgan Stanley Smart Order Router (SOR), dependent on the product. Morgan Stanley makes use of synthetic good-till-cancel orders (GTC). A synthetic good-till-cancel orders means that the order is send every day as a Day order until the order is cancelled or executed.

***For this reference market orders are routed via Morgan Stanley. Morgan Stanley makes use of synthetic good-till-cancel orders (GTC). A synthetic good-till-cancel orders means that the order is send every day as a Day order until the order is cancelled or executed.