06.16.2016

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

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.

Related articles

  1. Corporate Bond Trading on the Rise

    With Adam Conn, Head of Trading, Baillie Gifford

  2. Fixed Income Liquidity to Become More Centralized

    Clients will have the ability to interact with a larger liquidity pool while minimizing market impact.

  3. Buy-side firms can discover liquidity more efficiently and execute on Turquoise.

  4. Warsaw Stock Exchange Aims to Continue IPOs

    Appital is also partnering with Turquoise to bring bookbuilding technology to the buy side.

  5. Emerging Markets Unfazed by Taper Talk

    Flowlinx simplifies block liquidity search in emerging and frontier market equities.