00:00 AM
Instinet Incorporated
Instinet's new midtown Manhattan trading floor encompasses the global agency broker's execution services in single stocks, North America, international equities trading, global program sales and trading, derivatives sales and trading as well as special situations desk. Instinet provides access to electronic trading products, including smart-routing, algorithms, direct market access, dark pools and execution management (EMS) platforms, and also provide sales trading, commission management services and independent research. The new 33,000 square foot floor houses 72 sales/trading positions in New York, including a working order desk for buy-side firms looking to trade anonymously and support desk that monitors connectivity to all the venues.