Instinet Named Best Overall Broker-Dealer

Wall Street Letter award also follows recent Asia Asset Management win.

Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today announced that its US brokerage subsidiary, Instinet, LLC, has been named “Best Overall Broker-Dealer” in Wall Street Letter’s Institutional Trading Awards. Voted on by a panel of independent judges, the WSL awards recognize excellence and innovation among providers to the institutional trading community.

Commenting on the award, Anthony Abenante, co-CEO of Instinet Incorporated, said: “Instinet resides in a unique place within the institutional brokerage space, and this recognition is very gratifying to all of us. We are pleased to see that our unwavering focus on providing market-leading technology and agency-only trading services to the buy side continues to be valued and acknowledged.”

The win follows Instinet being named “Best in Trading Technology” in Asia Asset Management’s Best of the Best Awards in January, and is among the many accolades the firm has received over the past several years.