Instinet Re-Engineers Equities Trading System While Keeping an Eye on the Ball
TRANSACTION SYSTEMS
NEW YORK--Instinet is re-engineering its core equities trading system, upgrading its network, expanding into new product areas and dealing with internal management and employee defections.
John Oddie, chief executive officer of global equities at Instinet, describes the issues currently facing Instinet as "a bit like changing the wheels on the truck while you’re still driving."
Instinet has initiated a series of projects to bring its equities system technology up to speed with the rest of the
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