LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Instinet today announced that it successfully integrated U.S. equity research and sales into its cash equities platform, creating a multi-sector boutique research offering.
Instinet initially announced its intent to offer U.S. equity research and sales services in June of 2016.
Mark Govoni, President of Instinet stated:
This strategic move is aligned with a number of important industry themes, including the heightened focus on quality and unbundling. We look forward to offering clients our quality content and execution to drive value on a stand-alone basis.
U.S. equity research was previously provided to clients by Nomura Securities International, Inc. The new model enables clients to choose from a number of payment options and offers insight in parallel with Instinet’s deep liquidity and diverse execution capabilities to more than 1,000 institutional investors.
Existing clients will continue to have seamless access to both Nomura’s and Instinet’s research offerings globally.