06.16.2016

Instinet to Integrate Nomura U.S. Equity Research into Agency Execution Platform

06.16.2016

Instinet.com -NEW YORK – June 15, 2016 – Instinet Incorporated announced plans to offer U.S. equity research and U.S. research sales services through its agency brokerage platform in the Americas.

U.S. equity research and U.S. research sales personnel currently servicing clients from Nomura Securities International, Inc., will transfer to Instinet, LLC, upon regulatory approval. The new organizational structure will present clients with a focused, boutique-style content offering that is tightly paired with Instinet’s deep liquidity and diverse execution capabilities currently provided to more than 1,000 clients.

“Over the past five years, Nomura has built a high-quality research product in the Americas that’s driven by exceptional talent,” said Jonathan Kellner, CEO of Instinet. “This provides us with a great framework to evolve our equity offering and allows us to partner with our clients more effectively in the investment and alphageneration process. We look forward to the research team joining Instinet and to building this platform together.”

“This change creates a differentiated model that puts the power of our research ideas together with Instinet’s dominant U.S. brand and 45-plus years of best-in-class execution,” said Penn Egbert, Head of Global Markets Research for Nomura in the Americas. “Our clients will benefit from the complementary strengths of the teams, and from a client-focused equities product with scale and reach.” Clients will continue to have seamless access to both Nomura and Instinet’s research offerings globally.

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