Instinet(R) Adds List Trading Capabilities to Instinet Trading Portal(R).NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Instinet(R), a global agency broker, today announced the addition of list trading functionality to Instinet Trading Portal(R), a global front end for block and active traders. The new version will allow users to manage and trade stock lists globally, tapping any of the 40 international markets to which Instinet provides access. "Portal(R) is an extremely popular trading front end for our clients at both traditional asset management firms This is a list of corporations that provide financial asset management.
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. their traders to manage lists of stocks throughout the day," said Michael Plunkett, President, North America, Instinet. "While Instinet has offered sophisticated list trading capabilities through our global portfolio trading front end, Newport(R), for some time, this new version of Portal should complement that offering well, providing our users with another tool to help them achieve best execution." Instinet Trading Portal - Key Features --List-Based Trading: Instinet Trading Portal allows users to upload stock lists to their blotter A written record of arrests and other occurrences maintained by the police. The report kept by the police when a suspect is booked, which involves the written recording of facts about the person's arrest and the charges against him or her. BLOTTER, mer. law. and then organize and view them, establish default strategies, submit multiple or single orders, trade groups whole or by individual order and download results for analysis. Orders are routed using SmartRouter(SM), Direct Market Access (DMA (1) (Digital Media Adapter) See digital media hub. (2) (Document Management Alliance) A specification that provides a common interface for accessing and searching document databases. ) and Instinet's Algorithms to multiple stock exchanges, equity markets and other venues in North America, Europe and Asia, including Instinet's upstairs liquidity pools. --Access to Algorithms: Instinet Trading Portal offers access to Instinet's full range of domestic and international algorithmic strategies for concealing market presence while trading baskets, blocks and illiquid Illiquid An asset or security that cannot be converted into cash very quickly (or near prevailing market prices). Notes: A house is a good example of an illiquid asset. See also: Cash, Liquidity Illiquid In the context of finance. names, or trading against popular benchmarks such VWAP VWAP The volume-weighted average price. and arrival price. --Advanced Order Types: Instinet Trading Portal allows traders to employ advanced order types such as market pegging, reserve size orders, hidden orders, auction orders and discretionary orders in all major North American, European and Asian markets, where applicable. --Sales Trading: Instinet Trading Portal enables clients to send orders directly to Instinet's agency sales trading desks in New York, London, Toronto, Tokyo and Hong Kong. --FIX-Compliant: Instinet Trading Portal is FIX-compliant, allowing users to stage orders from their OMS OMS - Opportunity Management System to Instinet Trading Portal's blotter. The new version of Instinet Trading Portal is available immediately to existing customers. Interested users should contact Instinet sales at 877-INSTINET for more information. About Instinet(R) Instinet(R), a global agency-broker, provides the trading expertise and advanced technology necessary to successfully interact with more than 40 worldwide securities markets. Acting solely as an agent for its customers, which include international mutual funds, insurance companies, pension funds and hedge funds, Instinet seeks to improve institutional investment performance and lower overall trading costs through its various front end trading systems, securities crossing networks, algorithms and investment research products. The company, which is majority owned by Silver Lake Partners Silver Lake Partners is a notable American private equity firm founded in 1999 and headquartered on Sand Hill Road in Menlo Park, California. It focuses its activities in the information technology industry. , is headquartered in New York and maintains offices in North America, Europe and the Asia Pacific region. For more information, please visit www.instinet.com. (C)2006 Instinet, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . All rights reserved. INSTINET is a registered service mark in the United States and in other countries throughout the world. Instinet, LLC is a member of NASD/SIPC. |
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