Published On: Fri, May 9th, 2014

Instinet Adds Electronic Trading Support For The Philippines

Shaun Bramham Regional Head, Asia-Pacific Instinet

Shaun Bramham Regional Head, Asia-Pacific Instinet

Instinet Incorporated announced on 8 May the addition of the Philippines to its Direct Market Access (DMA) and Algorithmic Trading platforms.

The Philippines becomes the twelfth Asia-Pacific market to which Instinet provides low-touch electronic access. Clients had previously been able to execute trades on the Philippine Stock Exchange (PSE) via Instinet Pacific Limited’s high-touch trading desk in Hong Kong.

Commenting on launch, David Firmin, Head of Global Trading Research, Asia-Pacific, said: “Clients are increasingly looking to leverage the same tools across the entirety of Asia-Pacific. Instinet has worked extensively to tune our global platform to meet the specific market structure requirements of the region’s emerging markets in addition to the primary markets we’ve long supported. Remaining at the forefront of trading technology provision in Asia-Pacific is critical to our global strategy, and we’re pleased to be expanding our electronic footprint with the addition of the Philippines.”

Instinet’s award-winning algorithmic trading platform—the Execution Experts®—is a global, event-driven suite of strategies designed to address nearly any trading objective. The strategies, which offer extensive controls to refine behavior, utilize multiple fair pricing models and advanced submission techniques designed to reduce adverse selection and exposure to potentially predatory behavior.

About the Author

-

IRP Journal

IRP Journal

Sponsor

OPINION POLL

Poll results are published in our Weekly Newsletter -->
subscribe
All Rights Reserved WIld Wild Web Limited