Instinet Corporation, a wholly-owned subsidiary of Reuters Group, is the worlds largest agency broker. In the past year, Instinet has raised its stock exchange memberships to three in the Asian time zone. The company is beginning to introduce its full range of technology into the Hong Kong market, where the exchanges new AMS3 system now allows direct connections, and into Japan, where Instinet recently received a licence for its trading system.
Q. Japan has been the major focus of recent activity at Instinet. What were the procedures for setting up operations there
A. Last year was an important year for us. We got our membership and built an automated...
