Instinet pens liquidity streaming agreement with SSW Market Making
Instinet adds to liquidity streaming partnerships implemented with Virtu Financial and Sun Trading last year, expanding liquidity coverage of stocks and ETFs.
Instinet adds to liquidity streaming partnerships implemented with Virtu Financial and Sun Trading last year, expanding liquidity coverage of stocks and ETFs.
Instinet’s European CEO, Richard Parsons, discusses the firm’s liquidity agreements with Virtu and Sun Trading, the debate around SIs and periodic auctions, and potential consolidation on the sell-side over the next few years.
Financial authorities in Asia and the US fined agency broker Instinet for several violations related to market access and trading systems.
Mark Kelley joins Instinet from Citigroup where he was lead analyst in the small and midcap internet group.
Traders will be able to trade RFQ on the Instinet BlockMatch trading venue alongside existing continuous, non-displayed and mid-point matching.