Australia’s securities regulator has fined the agency broker for failing to reject or report stock manipulation by a high-frequency trader that had the potential to damage market efficiency.
Tag : instinet
As the buy-side shifts to electronic trading for low-touch orders, banks' program trading desks are redefining themselves to assume more of a hand-holding role.
The buy-side praises Nomura's move to shift most equities execution work to its well-regarded affiliate, Instinet – but job losses are imminent.