Business Morgan Stanley buying E-Trade for about $13 billion Updated : February 20, 2020 07:13 PM IST E-Trade shareholders will receive 1.0432 Morgan Stanley shares for each share they own. E-Trade has 5.2 million client accounts with over $360 billion of retail client asset. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.