CRD extends connectivity to Far East markets

Charles River Development has extended its Charles River Network to include Instinet's Japanese and Korean ATSs. The broker-neutral network, integrated with CRD's Investment Management System, allows users to access Instinet's KoreaCross, JapanCrossing, and CBX Japan. Instinet, a wholly-owned subsidiary of Nomura Holdings, is the majority owner of Chi-X Europe, the recently launched Pan-European MTF (multi-lateral trading facility).