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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: LPS5 who wrote (8260)6/8/2000 11:13:00 AM
From: TFF  Read Replies (1) of 12617
 
Instinet.com to Launch Retail Equity Service in Fourth Quarter

NEW YORK, June 8 /PRNewswire/ -- Reuters, the global information and news
group, said today that Instinet.com, the retail arm of its brokerage
subsidiary Instinet Corporation, now expects to launch its equity brokerage
service for private investors in the fourth quarter.

Originally targeted for May, Instinet.com will use the intervening period
to resolve outstanding issues related to scalabilty and to perform more
vigorous testing of the service to ensure the highest standards of security
and reliability. These live tests will continue through the summer.

Instinet will deliver a different model of retail brokerage by offering
investors direct access through Instinet.com to its pool of institutional
liquidity.
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