Glenn Lesko, Instinet’s Asia CEO, expects to see more dark pools set up in Asia – by large regional banks, among others – and hence more tie-ups such as this one.
Asian traders are awaiting the introduction of Australia’s first alternative trading venue in the fourth quarter of this year. Industry support for it is strong, so what ...
Instinet outlines its global expectations for 2011 and suggests that the lack of a pan-regional overhaul in Asia makes structural change unlikely.
Joint-access agreements proliferate in a bid to address fragmentation and improve turnover among alternative trading venues.
Instinet, meanwhile, hires two salespeople for its electronic-trading and agency-broker offering.
But Hong Kong still lacks competition in this arena, and Asia has some way to go on best execution, says Glenn Lesko, the agency broker's chief executive.
Glenn Lesko has moved to Hong Kong to run Instinet’s regional business on expectations that buy-side traders will use more execution-only services.
Instinet and Samsung launch their equity crossing engine in South Korea, assisting in the growth of local hedge funds.
The hire is coupled with the Asian roll out of its next generation portfolio trading system, Newport.
Geoffrey Flynn, CEO of Instinet Asia, talks to FinanceAsia about recent activities in Japan.