Instinet Australia pays $670,500 penalty over ‘set and forget’ compliance culture
Instinet Australia Pty Ltd has paid a penalty of $670,500 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP).
Instinet Australia Pty Ltd has paid a penalty of $670,500 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP).
Instinet failed to timely and accurately report data for tens of billions of order events to the CAT Central Repository.
From August 1, 2019, through September 28, 2020, Instinet violated Rule 611(c) of Regulation NMS of the Securities Exchange Act of 1934.
From February 2015 through July 2019, Instinet published inaccurate data in 54 monthly reports it was required to publish pursuant to Regulation NMS.
Citadel, Instinet, Virtu, and Canaccord are accused of deliberately engaging in repeated spoofing that drove NWBO’s share price downward.
Instinet Holdings Incorporated has integrated the algorithmic trading solutions business of FIS, formerly called Fox River.
Nomura and Instinet announced today the European launch of Instinet DealMatch, a new digital private investment platform.
Instinet Holdings has entered into an agreement to purchase the FIS Execution Services business (formerly known as Fox River) from FIS.
Instinet Incorporated announced the Canadian launch of BlockCross, a workflow solution for managing block trading in securities.
Instinet Pacific Limited appoints Ian Lauder as an Executive Director in the newly-created role of Head of Liquidity Strategy, Asia-Pacific.