More talk than action forecast for Asia e-trading
Instinet outlines its global expectations for 2011 and suggests that the lack of a pan-regional overhaul in Asia makes structural change unlikely.
Institutional agency-only broker Instinet expects more talk than action this year when it comes to any structural change in the pan-Asia electronic trading market.
Last January the Tokyo Stock Exchange enhanced its technology infrastructure with the introduction of the Arrowhead platform, and exchange groups including those in Hong Kong, Singapore and Australia announced plans to follow by upgrading their systems.
But Alison Crosthwait, Instinet’s director of global trading research, …
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