Instinet and Reuters Link Instinet Trading Portal(R) and Reuters Station; Agreement Provides Clients the Power of Reuters' Information with Instinet's Execution Quality, Saving Traders Critical Seconds.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, a global equities execution agent, and Reuters (LSE LSE - Language Sensitive Editor : RTR RTR Ready To Run RTR Rundfunk & Telekom Regulierungs Gmbh RTR Rotor RTR Radio e Televisiun Rumantscha (Romansh Radio and Television, Switzerland) RTR Response Time Reporter RTR Ready To Race RTR Ready to Roll .L; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RTRSY), the global information company, today announced the integration of Instinet Trading Portal(R) with Reuters Station. The pairing allows traders to quickly act upon Reuters Station's technical and fundamental analytics, news and research by accessing all major liquidity pools through Instinet's front-end trading technology. "As a pure, electronic agency-broker, we are continuously tasked with helping our clients to improve workflow," said Mike Plunkett, President, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Instinet. "The combination of Instinet Trading Portal with Reuters Station does just that, allowing traders to instantly turn information into a real-time order that automatically seeks out the best source of liquidity, whether it's on an exchange, electronic market or internal crossing network." Harry Temkin, Executive Vice President, Reuters stated: "We are very excited about this partnership. As the premium desktop product for North America, Reuters Station now seamlessly links to Instinet's Trading Portal application. With the click of a button, clients can go directly from Reuters Station's real-time and analytical applications straight through to advanced trading venues via Instinet's Trading Portal. Reuters is constantly looking to improve workflow and this integration will vastly improve the way traders interact." The integrated Instinet Trading Portal/Reuters Station is available immediately through a free download to existing customers of both products. Interested users should contact Instinet sales at 800-225-5008 for more information. About Instinet Instinet, a global equities execution agent, provides the trading expertise, primary source research 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 helps improve institutional investment performance and lower 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 its various front end trading systems, crossing networks and algorithms. 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)2005 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 and is branded as Instinet, The Institutional Broker. |
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