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Instinet's New Trading Floor Opens for Trading
NEW YORK, May 7 /PRNewswire/ -- Instinet Corporation announced today the official opening of its new international headquarters located at 3 Times Square. The new headquarters is in the new Reuters Building, at the intersection of 42nd Street and 7th Avenue in Manhattan. The building is home to approximately 700 New York City-based Instinet employees; Instinet will maintain other offices for the remaining employees based in New York City.
The new building houses the Executive and Administrative offices as well as several of Instinet's business units, including Instinet Research, Instinet Fixed Income, the Crossing Network and Lynch, Jones & Ryan. The centerpiece of Instinet's new headquarters is its new, technologically advanced Trading Floor.
"The move into our new headquarters signifies a milestone in the evolution of Instinet," said Doug Atkin, President and CEO of Instinet Corporation. "Times Square is the new center for financial services and media in New York and we are delighted to share our...