Morgan Stanley's Trading Business Sets New Quarterly Record, Trading Revenue Reaches $6.3 billion, Up 69% Year-over-Year

BlockBeats News, July 15th, Morgan Stanley's stock traders significantly outperformed Wall Street's expectations, once again setting a quarterly record. Morgan Stanley's stock trading revenue in the second quarter of 2026 reached $6.3 billion, a 69% year-over-year increase, setting a new quarterly high. In addition, its highly watched wealth management business saw net inflows of $148.1 billion, far surpassing analyst expectations.

For Wall Street, the second quarter was a period of explosive growth in performance, with stock trading volumes of an exchange all exceeding expectations and reaching historic highs. Following an exchange jointly leading the record-breaking IPO of SpaceX, investment banking business expenses also became a focal point for the market. Morgan Stanley's stock underwriting fees reached $851 million, a 70% year-over-year increase. This drove the bank's total investment banking expenses to $2.44 billion.