Morgan Stanley has become a new member of the London Bullion Market Association’s Silver Price, operators CME Group and Thomson Reuters report.

Morgan Stanley Named New LBMA Silver Price Participant Morgan Stanley, a global financial services firm, will be the seventh participant, joining China Construction Bank, HSBC Bank USA NA, JPMorgan Chase Bank, Bank of Nova Scotia, Toronto Dominion Bank and UBS AG. Morgan Stanley will first participate in the silver price auction on Tuesday.