Instinet For Fixed Income Goes Push

ATS/ECN UPDATE

LONDON--Push Technologies is to provide its Spiritintellect rules engine as part of Instinet's forthcoming fixed income trading platform, nudging out the middleware offerings of New Era of Networks (Neon).

Neon's Neonet rules engine, part of the nascent Neon Trading System (NTS), was widely tipped to be part of Instinet's comprehensive basket of technology for its new fixed income platform, but Instinet chose Spiritintellect instead, says Push chairman Steve Ross-Talbot. Neon officials did not

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