Instinet Acquires Stake In Tradeware

TRADING LINKS

LONDON--Instinet has recently acquired a significant minority stake in Tradeware, a Belgian-based trading and FIX solutions vendor. Primarily, the acquisition was made to expand Instinet's reach throughout Europe.

Brad Hunt, recently named senior vice president of global business strategy at Instinet, says, "Given the market environment in Europe and the continuing consolidation, the ability for financial services firms to respond and provide value-added services quickly is a key success factor

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