Instinet and JP Morgan sign liquidity agreement in Asia
Glenn Lesko, Instinet’s Asia CEO, expects to see more dark pools set up in Asia – by large regional banks, among others – and hence more tie-ups such as this one.
Instinet, an agency broker and trading platform provider, has struck a reciprocal liquidity agreement between its Asia-Pacific broker-dealer units and JP Morgan, reflecting a growing trend towards such tie-ups.
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