Instinet's Purchase Of Bomar Yields Technical Analytics

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Reuters' Instinet Corp. last month acquired Bomar Securities L.P. for $8 million, and will market Bomar's technical analysis products as Instinet Analytics. Initially, Instinet Analytics will be offered as a stand-alone product, but plans call for provision of the service on the same Reuter Terminal platform used by Instinet's automated execution service. Instinet's acquisition of Bomar gives it a technical analysis tool that it hopes traders will use in conjunction with Instinet's own

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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