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Charles Willis

joined Reuters Instinet subsidiary as its managing director for the Asia/Pacific region. Willis, who was recently chief operating officer for Daiwa Securities Asia, is based in Hong Kong, and he is reporting to Geoffrey Flynn, Instinet Pacific's chief executive. Before Daiwa, Willis had been a director for Deutsche Morgan Grenfell and Jardine Fleming in Hong Kong. Instinet's international business has been growing much more rapidly than its core operations in the US, and the

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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