The Rise of the Machines

IN REVIEW 1996

Enter Instinet, founded in 1969 as the first alternative trading system (ATS) in the form of electronic block-crossing capability for institutions. For almost 40 years, through mergers and acquisitions, the firm now owned by Nomura Holdings has developed technologies and services to improve execution quality. Today, individual investors and institutional players, have access to Instinet orders, which include a large portion of Nasdaq's execution.

Nasdaq itself provided stem cells in the

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The Waters Cooler: ’Tis the Season!

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