Amid Structural Changes and Ongoing Technical Issues, Instinet Forges Ahead
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NEW YORK--"It’s a bit like changing the wheels on the truck while you’re still driving."
That’s how John Oddie, chief executive officer of global equities at Instinet, describes the issues currently facing the largest ECN in the world. Instinet is hard at work retooling its core equity trading system, upgrading its network, expanding into new product areas and dealing with internal management and employee defections. Amid all these developments, Instinet must continue to move forward with its
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