Instinet and Virtu Financial Establish Liquidity Partnership
Instinet's buy-side and sell-side clients provided with aggregated liquidity ahead of Mifid II rule changes as part of new bilateral streaming partnership.
Instinet’s buy-side and sell-side clients will be provided with access to liquidity to fill the gap between lit venues and large-in-scale trading, designed to reduce the market impact of orders and improve pricing. Users will also have the option to interact with market-maker liquidity while remaining anonymous.
Virtu Financial is one of the largest market-makers in global equities and will stream price quotes for equities trades to Instinet users, with execution taking place off-exchange.
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