# Instinet

> Instinet is a Nomura-owned institutional agency-model broker and trading technology provider. Founded in 1969, it combines algorithmic and high-touch execution, liquidity and crossing tools, Newport execution and order management, analytics, and commission management for professional investors and brokers worldwide.

- **Founded:** 1969
- **Headquarters:** New York, United States
- **Founders:** Jerome M. Pustilnik (Co-founder and original CEO), Herbert R. Behrens (Co-founder)
- **Products:** Newport, BlockCross, BlockMatch, Algorithmic and automated execution, Fox River Quant Solutions
- **Notable:** Launched its electronic stock trading network in 1969., Introduced the Green Screen US stock quote montage in 1977., Launched a US point-in-time cross in 1986.

## Products & services

- **Newport** — Multi-dealer execution and order management desktop for equities, options, and futures; the company advertises 24/6 trading across 60+ markets.
- **BlockCross** — Blotter-integrated block discovery and conditional-order workflow with configurable alerts; available in the Americas, EMEA, and APAC.
- **BlockMatch** — Regional liquidity and crossing venues in the UK, Europe, and Asia.
- **Algorithmic and automated execution** — Benchmark, participation, and liquidity-seeking strategies including VWAP, TWAP, Nighthawk, and Cobra; availability varies by region.
- **Fox River Quant Solutions** — Quant-oriented algorithms and execution expertise acquired with FIS Execution Services.
- **High-touch and global portfolio trading** — Professional execution support for institutional orders and portfolios, alongside electronic services.
- **TradeSpex Strategy, Indigo Live, Execution Insights** — Pre-trade strategy, live cost and liquidity analysis, and post-trade execution evaluation.
- **Plazma** — Commission management and research payment platform covering budgets, aggregation, payments, reporting, and research evaluation.
- **Instinet Technology Solutions** — Desktop, outsourced, and custom enterprise trading technology with analytics, risk controls, and post-trade workflows.

## Achievements

- Launched its electronic stock trading network in 1969.
- Introduced the Green Screen US stock quote montage in 1977.
- Launched a US point-in-time cross in 1986.
- Introduced Helix smart routing in 1999.
- Acquired BlockCross ATS in 2017.
- Completed the global BlockCross rollout with Asia in 2023.

## Latest updates

- **2026-09** — Instinet Canada announced completed connectivity to CIX ahead of the venue’s planned launch; algorithm and SOR integration remained planned in the announcement.
- **2026-02** — PureStream ATS integrated into BlockCross; available immediately to upgraded version 10 clients on an opt-in basis.

## Links

- Website: https://www.instinet.com/
- LinkedIn: https://www.linkedin.com/company/instinet-incorporated
- Twitter/X: https://twitter.com/instinet
- Facebook: https://facebook.com/pages/Instinet/103736276331932

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Profile page: https://yespress.io/instinet
Published by YesPress — https://yespress.io
Last updated: 2026-10-25