Morgan Stanley has restructured its trading platform, Advanced Trading reports. The U.S. lender removed significant latency from its direct market access platform, Speedway, which the firm offers to low latency trading firms.

The new Speedway will target low latency clients, including quantitative asset managers as well as high frequency trading firms. Speedway 3.0 is being used in five bourses, including NYSE, ARCA, Nasdaq, BATS and the two Direct Edge exchange platforms.

Click here for the story from Advanced Trading.