Morgan Stanley's Stanford Siao, executive director-equity derivatives trading in Hong Kong, has left the firm, according to market officials. "He's now taking a long holiday," said one equity dealer, noting that while Siao is officially on sabbatical, he has left the firm. Market officials noted that Siao is a veteran of the Asian markets, having worked at both Morgan Stanley and Bankers Trust. Siao could not be reached for comment.
Pauling Cheung, a Morgan Stanley spokeswoman in Hong Kong, said in an e-mail to DW that Siao is on sabbatical, declining further comment.