Amol Prasad, asset-backed analyst at Morgan Stanley in New York, has moved over to the trading desk and will trade non-mortgage ABS, according to Michael Brown, managing director, co-head of ABS trading and capital markets in New York. Prasad, who recently started in his new role, reports to Brown and John Pearce, the other co-head. Brown said Prasad is a replacement for Manwin Siduh, who had traded ABS before recently moving over to trade commercial mortgage-backed securities for the firm.
Morgan Stanley Researcher Moves To Trading Desk