Instinet's Sanderson Charts Course For Reuters' Trading And Crossing Systems

AUTOMATED TRADING

Michael Sanderson, president of Reuters Holdings PLC's Instinet Corp., took the opportunity of the semi-annual meeting of the Council of Institutional Investors, an activist pension plan sponsor group, to outline future plans. He also revealed some of the findings of an Instinet survey of what institutions require from automated trading systems.

Instinet operates an equities automatic execution system plus the Crossing Network, through which institutions can buy and sell blocks of equities. V

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