Sanderson To Retire From Instinet
FRONT PAGE
NEWYORK--The corporate overhaul at Reuters that includes the grafting of trading system businesses will bypass electronic stock brokerage Instinet because it will remain a separate Reuters subsidiary. Instinet, however, did have news of its own.
In a move that had been anticipated for some months, Reuters announced that Michael Sanderson, president and chief executive of its Instinet subsidiary, would retire at the end of the month.
At that time, he'll also leave his post as chairman and chief
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