11.14.2016

Instinet Completes U.S. Equity Research Integration to its Agency Execution Platform

11.14.2016

Instinet – NEW YORK – Instinet, LLC today announced that it successfully integrated U.S. Equity Research and Research Sales into its market-leading cash equities platform, creating a multi-sector boutique research offering. Instinet initially announced its intent to offer U.S. equity research and U.S. research sales services in June of 2016.

“This strategic move is aligned with a number of important industry themes, including the heightened focus on quality and unbundling. We look forward to offering clients our quality content and execution to drive value on a stand-alone basis,” said Mark Govoni, President of Instinet LLC, the U.S. broker dealer.

U.S. Equity research was previously provided to clients by Nomura Securities International, Inc. The new model enables clients to choose from a number of payment options, and offers insight in parallel with Instinet’s deep liquidity and diverse execution capabilities to more than 1,000 institutional investors.

“Our clients will benefit from the complementary strengths of a leading U.S. Equity Research franchise and the high quality execution platform Instinet has built over its 45-plus year history. This new, differentiated model will continue to drive value for our clients in an evolving marketplace,” said Penn Egbert, Head of U.S. Equity Research at Instinet, LLC.

Existing clients will continue to have seamless access to both Nomura’s and Instinet’s research offerings globally.

 

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