SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TFF who wrote (7837)1/6/2000 9:20:00 PM
From: LPS5  Read Replies (1) of 12617
 
Instinet has already started to cater to the retail online brokerage market, albeit indirectly. By indirectly, I mean: not through a retail online broker dealer of their own design or ownership, but instead by letting firms such as E*Trade and Siebert link to them from their front ends.

I don't know why they've been advertising so much...maybe the Island vs. Instinet volume lead has grown too close for comfort...but while not impossible, I don't see them going into the retail market. It could very well be that their moves with E*Trade and the like are merely efforts to increase their already formidible liquidity.

Recently, they've invested in a large NYSE specialist firm and Tradepoint (an ATS with aspirations to become a pan-European electronic stock market), as well as
begun work on an electronic fixed income trading system (of which there are already a few). These developments are in keeping with their primarily institutional focus and target.

LPS5
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext