Instinet Continues US Market Share Growth Momentum In July - Agency-Only Broker Grows US Equities Market Share To 4.3 Percent For The Month, Moving Into Top Rankings Of NYSE Program Trading Firms And NASDAQ Liquidity Providers; US Listed-Options Market Share Grows To 1.5 Percent

Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today announced that its US broker-dealer subsidiary, Instinet, LLC, saw its US market share continue its steady growth in July, reaching 4.3 percent* of the overall US equities market and 1.5 percent of the overall US listed-options market. In addition, the firm was ranked in the top five for NYSE agency program trading volume in three of the month’s four weeks, and was the seventh ranked liquidity provider for NASDAQ-listed securities traded on NASDAQ.

“Instinet is the preeminent global agency-only broker largely because of our robust technology infrastructure, advanced electronic trading tools and value added service offerings, such as commission management, corporate access and access to independent research,” said Jonathan Kellner, President of the Americas at Instinet. “We’ve been pleased with our recent US market share gains—in particular portfolio trading market share—as institutions increasingly rely on Instinet technology and expertise for best execution in multiple asset classes.”

* The Instinet volume – including shares traded in its crossing products – in this calculation is single counted. The overall market volume figure used is from Thomson Reuters DataScope Select.