Instinet Europe Limited, has successfully completed conformance testing on NYSE Arca Europe. As a result, Instinet Europes institutional clients will be able to have immediate access to the multilateral trading facility (MTF).
NYSE Arca Europes offering is unique due to its integration with NYSE Euronext, says Cees Vermaas, executive director, European Cash Markets, NYSE Arca Europe. We are delighted that a broker with the international stature of Instinet will be connected from day one. We are confident that the low-cost, high-speed access to our liquidity pool will be of high interest to Instinets international client base.
Successfully connecting to NYSE Arca Europe marks another milestone in the continued development of our smart order routing capabilities, says Richard Balarkas, CEO, Instinet Europe Limited. Instinets global client base will be able to access NYSE Arca Europe via sales traders, DMA or through our Instinet Execution Experts algorithms.
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