Instinet

89 results about this entity

Period: 19 Nov 2004 - 01 Oct 2024

Instinet and Credit Suisse ink Japanese dark liquidity pact

Interagency broker Instinet and investment bank Credit Suisse have signed an agreement to provide their respective clients with access to each other's 'dark' pools of liquidity in Japan.

Instinet tech chief Michael Bundy moves to Chi-X

Instinet has named its current chief technology officer Michael Bundy as the new technical head of Chi-X, its pan-European equity alternative trading system (ATS)

Instinet appoints Fay and Goor as co-CEOs

Instinet, the interagency broker recently acquired by Nomura, has appointed John Fay and Alex Goor as co-CEOs to replace Ed Nicoll, who will stay on as chairman.

Deutsche Börse touts MiFID services

Following news earlier this week that a consortium of investment banks is setting up a trading platform that will compete with domestic European exchanges post-MiFID, Germany's Deutsche Börse has unveiled a package of services that it will implement following the introduction of the EU directive next year.

Nomura to acquire Instinet

Japan's largest securities firm Nomura is to acquire agency broker Instinent from Silver Lake Partners in a $1 billion all cash transaction.

Instinet and Credit Suisse forge liquidity pool pact

Electronic broker Instinet and Credit Suisse's Advanced Execution Services (AES) unit have agreed to provide their institutional clients with access to each other's "dark" liquidity pools.

Instinet launches 'Wizard' algorithm

Electronic broker Instinet has launched Wizard, an 'arrival price' algorithm that sets its trading schedule by balancing a stock's historical performance as well as the volatility implied in its option price.

Instinet vows to undercut European exchanges with new Chi-X platform

Interagency broker Instinet is to launch a new automated trading system for European equities dubbed Chi-X.

Thomson Financial names Mark Howarth MD, Asia Pacific

Thomson Financial has appointed Instinet's Mark Howarth as managing director of Asia Pacific operations.

JPMorgan launches 'dark book' algorithms

JPMorgan Chase has launched Aqua and Arid, two institutional trading algorithms that have been designed to stealthily trade stocks on dark books - trading networks that do not publish quotes in the open market - as well as on exchanges and ECNs.

Banc of America Securities hails Ambush algorithm

Banc of America Securities (BAS) says its newest equity algorithm, Ambush, which is designed to swiftly execute large orders with minimal market impact, has experienced the fastest adoption rate of any of its seven algorithmic trading strategies.

Nasdaq receives SEC approval for systems integration

The US Securities and Exchange Commission (SEC) has approved Nasdaq's plan to integrate its Market Center, Brut and Inet automated execution systems.