Johnston-Watt Leaves Instinet; Destination Unknown

ORGANIZATION AND MANAGEMENT

LONDON--Duncan Johnston-Watt, director of technology development for Instinet Fixed Income, has left the Reuters-owned company.

It is unclear whether Johnston-Watt left on his own or was forced out of the company. It is also unclear where Johnston-Watt is going.

Indications of internal strife have plagued the electronic agency brokerage as it prepares for a June initial public offering. In February, Instinet lost its chief executive officer of global equities and chief technical architect, John

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