Instinet becomes Tom MTF member

Source: The Order Machine

Tom (The Order Machine) is pleased to announce that as of 19 August 2011 Instinet Europe Limited has become a member of Tom MTF.

Through its affiliates, Instinet is a global agency-only brokerage that seeks to help institutions lower overall trading costs and increase investment performance through the use of innovative electronic trading products, including smart order routing, algorithms, DMA, TCA, dark pools and EMS platforms. Instinet is a wholly-owned subsidiary of Nomura Holdings, Inc.

Willem Meijer, CEO of TOM: "TOM is very happy to welcome Instinet as a new member on our platform. We expect our platform to be a valued addition for Instinet's execution strategy."
Richard Parsons, Head of Sales and Trading for Instinet Europe, said: "Instinet is delighted to add TOM MTF to our list of over 40 European execution venues and we are confident that access to TOM MTF's liquidity will offer price improvement opportunities for Instinet's global client base." 

Comments: (0)