"The mission of Instinet Fixed Income Markets has always been to facilitate transparency and to bring efficiencies to the marketplace. Partnering with Reuters underscores our goal of providing quality information to all market participants," said Instinet Fixed Income Markets, Chief Executive, Peter Fenichel.
William Goldy, Managing Director of Reuters Fixed Income, Investment Banking and Brokerage Services, said, "With the addition of Instinet's benchmark U.S. Treasury data to our stable of information products, Reuters continues to illustrate its commitment to providing our customers with an unrivaled range and choice of fixed-income content."
IFIM's U.S. brokerage service supports trading in approximately 220 U.S. government bond products including basis and swap-based trades and most recently U.S. Federal Agencies. The European brokerage service supports trading in 660 Euro-denominated bond products. Euro-denominated products currently include: Austrian, Belgian, Dutch, French, and German sovereign instruments, as well as German Pfandbriefe and recently added Credit products. These markets can be traded as outright cash instruments, as a basis trade or as a spread trade.
About Instinet
Instinet, through affiliates, is the largest global electronic agency securities broker and
has been providing investors with electronic trading solutions for more than 30 years.
Our services enable buyers and sellers worldwide to trade securities directly and
anonymously with each other, have the opportunity to gain price improvement for their
trades and lower their overall trading costs. Through our electronic platforms, our
customers also can access over 40 securities markets throughout the world, including
Nasdaq, the NYSE and stock exchanges in Frankfurt, Hong Kong, London, Paris, Sydney,
Tokyo, Toronto and Zurich. We also provide our customers with access to research
generated by us and by third parties, as well as various informational and
decision?making tools. We act solely as an agent for our customers and do not trade
securities for our own account or maintain inventories of securities for sale. For more
information, please go to www.instinet.com.
About Reuters
Reuters (www.about.reuters.com) is the leading global provider of financial information,
news and technology solutions to financial institutions, the media, businesses and
individuals. Reuters' strength is its unique ability to offer customers a combination of
content, technology and connectivity. Its premier position is founded on continuous
technological innovation and a reputation for speed, accuracy, integrity and impartiality.
Reuters has 19,429 staff in 97 countries, including some 2,500 editorial staff in 147
bureaux serving approximately 160 countries, making it the world's largest international
multimedia news agency. In 2001, Reuters had revenues of ý3.9 billion. Reuters owns
83% of Instinet.
