BRIEF OBJECTS

BRIEF OBJECTS

INSTINET BUYS STAKE IN ARCHIPELAGO

Reuters Instinet is set to acquire a 16.4 per cent stake in Archipelago, the US-based electronic communication network (ECN) in a move that marks an increasingly consolidating industry. Archipelago, say company spokespeople, is seeking status as a registered stock exchange in its own right, and is a potential candidate for an initial public offering (IPO). Instinet becomes one of six owners, each having a 16.4 per cent share of Archipelago: Instinet, Putnam, E

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

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