Institutional broker, Instinet, has announced the hiring of Bill Selig to correspond with the Asian roll out of Newport, its next generation portfolio trading system. Selig has been appointed to the newly created position of director of sales to market the Newport platform, which provides pre and post trade analysis and Instinet's neutral agency brokerage services to clients in Asia ex-Japan.
From the company's Hong Kong office, which was established in 1991 and now oversees the Asia ex-Japan business, Selig will service new and existing clients across the region as the Newport product is rolled out.
According to Instinet, the functionality of Newport will be to improve...
