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MS May 2024 87.500 call
| Previous close | 5.68 |
| Open | 6.15 |
| Bid | 6.25 |
| Ask | 6.70 |
| Strike | 87.50 |
| Expiry date | 2024-05-17 |
| Day's range | 6.15 - 6.52 |
| Contract range | N/A |
| Volume | |
| Open interest | 342 |
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ReutersMorgan Stanley, Frasers settle UK lawsuit over $1 billion margin call
British retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said on Friday. Frasers had sued Morgan Stanley for about 47 million euros ($50.5 million) after the bank imposed the margin call – security to cover possible losses – on the retailer's trading position in German fashion group Hugo Boss in May 2021. Ashley, whose fortune is estimated by Forbes to be worth $5.1 billion, gave evidence at the trial at London's High Court in February that the demand for collateral left him in "total shock".
- Reuters
Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call
British retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said on Friday. Frasers had sued Morgan Stanley for about 47 million euros ($50.5 million) after the bank imposed the margin call – security to cover possible losses – on the retailer's trading position in German fashion group Hugo Boss in May 2021. Ashley, whose fortune is estimated by Forbes to be worth $5.1 billion, gave evidence at the trial at London's High Court in February that the demand for collateral left him in "total shock".
