Instinet Completes Acquisition of FIS Algo Trading Business

Instinet has completed its purchase of the FIS execution services business, according to a story in The Trade news. FIS execution services unit offers execution solutions including trading algorithms and execution services, including direct market access and sales trading. Once fully integrated, the new offering will be called Instinet Fox River Quant Solutions and will be delivered alongside Instinet’s core solutions business. It will initially be rolled out in the Americas with scope for this to expand in the future. 

© 2025 Financial Information Forum

Press enter to search
Press enter to search

Interested in joining us?

Download membership kit

Key Reasons to Join

  1. Stay informed on Current Regulatory and Market Initiatives
  2. Drive Industry Issues to Successful Resolution
  3. Impact the implementation timing and methodology of new rules
  4. Apply FIF Insight Within Your Firm