A global agency broker which is a wholly-owned subsidiary of Nomura Holdings yesterday announced it had secured full membership on the Australian Securities Exchange.
Instinet is now able to offer its global execution services – including its alternative trading platforms, global algorithms and execution management systems – to Australian trading and investment institutions. Until yesterday, Instinet had been unable to service Australian fund managers’ domestic trading and portfolio management requirements directly, as it was not a member of the ASX. It had given its offshore clients access to the Australian market through various broker/dealer partners, and will continue to allow Australian institutions access to 60 international markets.
25 September 2007 00:00
alternative, partners, subsidiary, managers:, unable, directly, algorithms, instinet, clients, broker/dealer, access, owned
Investments
The dispersion between private equity and listed market returns is near the widest in history. For some asset owners, that’s a reason to hold on through the pain – even as the SaaSpocalypse looms in the background.
Leave a Comment
You must be logged in to post a comment.