Through JBT Alliance, Instinet Fixed Income Enters Japan

FIXED INCOME SYSTEMS

LONDON--Instinet will join up with Japan Bond Trading (JBT), the largest interdealer broker in Japanese Government Bonds (JGBs), to offer electronic trading in Japan.

Instinet Fixed Income (IFI), an interdealer electronic brokerage system, has set up a working group with JBT and expects to have a joint trading solution put together by the first quarter of 2001.

Bob Reynolds, managing director for fixed income markets at Instinet and head of the joint working group, explains that JBT has an

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