Instinet Group Joins Coalition Supporting SEC Proposal To Modernize U.S. Financial Markets

Instinet Group Incorporated (NASDAQ: INGP) today announced that it has joined with NASDAQ, Fidelity Investments, Ameritrade Holding Corporation and the National Stock Exchange (NSX) to issue a statement of principles that commends the U.S. Securities and Exchange Commission (SEC) for its proposal to bring competition and investor choice to the marketplace. As advocates of our clients and this nation's individual investors, the companies in this coalition firmly back four basic principles for reforming our national market system:

1. To reform the rules of yesterday, so that they no longer govern the markets of today.

2. To insist that the SEC's final rule include real choice for investors.

3. To implement automated or guaranteed execution; "maybe prices" are not enough.

4. To make clear that nothing is more important than investors getting the best price.

A copy of the Coalition's statement of principles titled: "Modernize Our Nation's Financial Markets," will be provided to U.S. legislative and government representatives today, and can be found on Instinet Group's website at: www.instinetgroup.com.

The recent testimony of Instinet Group CEO, Ed Nicoll before the U.S. House Financial Services Committee, and the SEC, in addition to other viewpoints on the issue, can be found on Instinet Group's website at: www.instinetgroup.com/viewpoints.

About Instinet Group
Instinet Group, through affiliates, is the largest global electronic agency securities broker and has been providing investors with electronic trading solutions and execution services for more than 30 years. We operate our two major businesses through Instinet, LLC, the Institutional Broker, and Inet ATS, Inc., the electronic marketplace.