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Morgan Stanley combines 3 businesses within equity sales, trading

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Morgan Stanley combines 3 businesses within equity sales, trading

MorganStanley has merged its cash equity sales desks related to voice,program trading and electronic trading, BusinessInsider reported.

The combined businesses will operate as One Delta One as partof the company's equity sales and trading business, according to the report.

Brian Gallagher oversees sales for the three businesses, thenews publication said. Jim Ball and Shaun Fallon are managing executionservices, while Paul O'Donnell is in charge of liquidity strategy and productmanagement.