Newport 3 EMS from Instinet Incorporated has been named Best Execution Management System for 2009 by the readers of World Finance magazine in its March/April issue.
Newport 3 provides access to Instinets full suite of high-touch to high-frequency trading services including agency-only sales trading, the Instinet Execution Experts algorithmic trading suite, global DMA and comprehensive trade analytics platform that are the foundation of the firms many execution quality accolades.
Newport 3 is a third-generation platform and is entirely broker neutral, allowing clients to access the algorithms and trading desks of most major global broker-dealers.
As a central part of that strategy, Newport 3 is a platform that we will continue to enhance aggressively to meet the needs of traders worldwide, says Frank Freitas, head of Product Strategy, Instinet.
Having a truly broker-neutral EMS platform offered by an agency-only broker like Instinet is paramount in an environment such as todays where trading costs are so important, says Alexander Redcliffe, editor of World Finance. Our readers are among the savviest members of the global investment community, and we commend Instinet on this award.
L.D.