ADVISORY/Instinet Delays Trading in Rememberance of September 11th.Business Editors ADVISORY...for Wednesday (Sept. 11th) --(BUSINESS WIRE) Instinet Commemorates In observation of the first anniversary of September 11th, Instinet will be commemorating those who lost their lives during the attacks with various internal activities and honoring the families and friends of all the victims. In particular, Instinet will be remembering the lives of two remarkable colleagues, Anil Bharvaney and Steve Tompsett, who lost their lives on September 11th and will be reflecting on their many contributions to our organization. Instinet Trading In concert with the US Exchanges and Nasdaq, which will be delaying the opening of business until 11:00 a.m., Instinet will suspend the start of trading of US and Canadian equities until 10:50 a.m. EST EST electroshock therapy. EST abbr. electroshock therapy on September 11, 2002, when Nasdaq's modified pre-opening period begins. Our offices, however, will remain open during normal business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a . Trading in non-US markets, other than Canada, will not be affected. Additional Information For additional information on Instinet's trading operations, clients are urged to contact their customer service representatives at 1-877-Instinet. Members of the press may contact Silvia Davi at 212-310-7792 for any inquiries regarding commemorative activities at Instinet locations. About Instinet Instinet, through affiliates, is the largest global electronic agency securities broker and has been providing investors with electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. solutions for more than 30 years. Our services enable buyers and sellers worldwide to trade securities directly and anonymously with each other, have the opportunity to gain price improvement for their trades and lower their overall trading costs Trading costs Costs of buying and selling marketable securities and borrowing. Trading costs include commissions, slippage, and the bid/ask spread. See: Transactions costs. . Through our electronic platforms, our customers also can access over 40 securities markets throughout the world, including Nasdaq, the NYSE NYSE See: New York Stock Exchange and stock exchanges in Frankfurt, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , London, Paris, Sydney, Tokyo, Toronto and Zurich. We also provide our customers with access to research generated by us and by third parties, as well as various informational and decision-making tools. Unlike most traditional broker-dealers, we act solely as an agent for our customers and do not trade securities for our own account or maintain inventories of securities for sale. (c) 2002 Instinet Corporation and its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. . Member NASD/SIPC and a subsidiary of Instinet Group Incorporated. All rights reserved. INSTINET and the INSTINET Mark are service marks in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and in other countries throughout the world. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion