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Asian investment bank, Nomura

Instinet Loses Co-CEO

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In a late afternoon announcement, the brokerage said Anthony Abenante is stepping down.

Anthony Abenante is leaving his post as co-CEO of agency-only brokerage Instinet, the company announced in a statement late Thursday. He had been appointed co-head of the Nomura-owned firm five years ago.

Co-CEO Fumiki Kondo will assume sole leadership of the firm.

The company declined to comment further.

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