Instinet buys block trading ATS from State Street
BlockCross ATS will help Instinet’s clients in the pursuit of best execution.
Adam Toms has joined RSRCHXchange’s board alongside other industry veterans.
Instinet establishes a vendor search and credit tracker in response to buy-side feedback, ahead of unbundling requirements.
Integration means users will have access to both Instinet and Nomura research.
Instinet tells The TRADE brokers need to embrace technology outsourcing, as banks continue to pull back from Asia Pacific region.