âWe are extremely pleased that Instinetâs unwavering commitment to helping clients achieve best execution through our agency-only model and advanced technologies has been recognised,â said Fumiki Kondo, Co-CEO of Instinet Incorporated.
The annual awards recognize institutions and individuals that have made a significant contribution to the development of the financial services sector in Asia, and are considered to be among the most prestigious in the industry due to their rigorous assessment process.
In addition to todayâs award, Instinet was recognized in March 2009 for providing the âBest Execution Management System for 2009â by World Finance magazine and âBest Broker-Supplied Product/Serviceâ for its SmartRouterâ¢ in the 2008 Buy-side Technology Awards.
One of the largest agency-only brokers operating in Asia, Instinet employs over 50 sales and trading personnel in the region. Instinet offers a comprehensive suite of high-touch to high-frequency electronic trading services in Asia, including agency-only sales trading, global portfolio trading, global algorithmic trading/DMA, the NewportÂ® 3 EMS, a comprehensive trade analytics platform and commission management services. In addition, the firm operates three ATS (alternative trading system) platforms in Asia â CBXâ¢ ASIA, JapanCrossingâ¢ and KoreaCrossâ¢.
NOTE: CBX ASIA is the brand name for Instinetâs CBX platform in Asia and is not licensed or regulated in any market as a pan-Asian platform. Instinetâs CBX offerings in each market are regulated under the relevant rules and regulations governing each jurisdiction.