88 results about this entity
Period: 19 Nov 2004 - 16 Jul 2024
News
Multi-bank foreign exchange trading portal FXall has hired former Instinet technology head Andrew Banhidi as its new chief technology officer (CTO).
24 April 2006
US electronic securities market Nasdaq says it will complete the integration of its trading platform with the Inet ECN - which it acquired last year - by July, several months earlier than expected.
24 March 2006
Electronic broker Instinet has launched a 'stealth order management algorithm', called Cobra, designed to offload large stock orders while leaving the spread unchanged.
24 January 2006
The US Securities and Exchange Commission has fined electronic broker Instinet and the Inet ECN a total of $2.18 million for publishing inaccurate monthly execution reports.
18 October 2005
Electronic brokerage Instinet has posted a 33% drop in net income as revenues dipped seven per cent in the second quarter.
22 July 2005
Electronic broker Instinet has appointed Michael Bundy as chief technology officer, replacing Andrew Banhidi.
19 July 2005
Electronic broker Instinet has rejected a bid by New York-based Third Avenue Management to buy its institutional brokergage unit, saying it preferred to continue with its pending merger with Nasdaq.
10 June 2005
Instinet's proposed merger with Nasdaq could be delayed after New York private investment firm Third Avenue Management made a higher separate bid for its institutional brokerage unit.
09 June 2005
Nasdaq will be well-positioned to capture market share from the New York Stock Exchange in a post-merger market, according to executives speaking at the Reuters Exchanges and Trading Summit in New York.
12 May 2005
Nasdaq has wrapped up a hectic week of consolidation among US exchanges by announcing the acquisition of Instinet. After the deal Nasdaq will keep the Inet ECN business but other elements of the Instinet Group will be sold off.
22 April 2005
US stock market Nasdaq is in exclusive negotiations to buy Reuters' majority-owned electronic broking and trading subsidiary Instinet, according to the Financial Times.
15 April 2005
Reuters has signed a definitive agreement to sell its soft-dollar execution broker Bridge Trading Company to its New York-based electronic trading subsidiary Instinet for $21.5 million in stock.
01 March 2005
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