"With this new service, INET is providing its subscribers with a valuable tool for more effectively marketing their services," said Alex Goor, President of INET. "Brokers providing liquidity to investors in certain securities will now be able to refer their customers and investors to a third-party site that accurately reflects their contributions." Prior to INET's relationship with Bloomberg, market participants relied on incomplete sources that failed to include volume executed on INET, one of the largest markets for NASDAQ-listed securities that now accounts for approximately 27.3% of the daily NASDAQ- listed volume.
About INET
INET, the Electronic Marketplace, provides its more than 800 U.S. broker-dealer subscribers access to one of the largest electronic marketplaces for U.S. over-the-counter securities, with approximately 27.3 percent of NASDAQ-listed equity trading.* Representing the consolidated order flow of the former Instinet ECN and former Island ECN, INET collects, prioritizes, displays and matches orders within its subscriber network and, through the use of advanced technology, offers routing services for its U.S.-registered broker-dealer subscribers. INET's trading platform is fast, anonymous, reliable and cost-efficient, designed for scalability in high-speed, high-volume electronic trading.
