Instinet Corporation is to make its trade data available to 3DStockCharts.com, 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 Instinet.com, it is important that Instinet provide all investors with insight into market activity, trading patterns and best price executions."
The charts available on 3DStockCharts.com 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 3DStockCharts.com, says: "This agreement brings 3DStockCharts.com a significant step closer to our goal of creating a virtual limit order book that is transparent and representative of the market."