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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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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