Instinet cuts market data deal with

Instinet cuts market data deal with

Instinet Corporation is to make its trade data available to, a market data entry point for multiple ECN order books. The agreement is the fourth in a series of data syndication deals that Instinet has announced this year.

John Oddie, CEO, global equities business at Instinent, comments: "As Instinet plans to enter the retail domain by offering direct trading to individual investors through, it is important that Instinet provide all investors with insight into market activity, trading patterns and best price executions."

The charts available on are designed to give traders a clear picture of the buy and sell pressures that lie behind current stock pricing across multiple market access points.

John McNamara, president and CEO of, says: "This agreement brings a significant step closer to our goal of creating a virtual limit order book that is transparent and representative of the market."

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