Instinet expands European fixed income platform
20 March 2002 | 2995 views | 0
Instinet Fixed Income Markets (IFIM) is to offer European customers electronic broking of US treasury and US agency securities.
The firm's European clients will now have access to and participate in IFIM's US treasuries and agencies global liquidity pool. Initially, this will be available to traders in Europe during New York trading hours and the service will be extended to include trading throughout European market hours.
IFIM's US service supports trading in approximately 270 US government bond products, including basis and swap-based trades, and, 30 Federal Agencies. In Europe, the electronic brokerage service covers 570 Euro-denominated bond products, including Euro sovereign instruments, as well as German jumbo pfandbriefe and credit products.