Reuters Instinet Order-Match Revenues Grew 89 Percent In First Quarter Of 1994

AUTOMATED TRADING

BIG growth for equities order-matching systems has not abated--not for Reuters Holdings PLC, anyway. So far, in the first quarter of the year Instinet Corp. pulled in revenues of $67 million, a whopping 89 percent more than the Reuters unit logged in the first quarter of last year. Instinet's growth helped pull up Reuters' overall revenues, which increased by 15 percent.

Instinet's quarterly results were revealed for the first time last week, when Reuters commenced a new policy of disclosing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: