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Instinet’s Tribulations Begins to Test Reuters’ Patience

At 01 Apr 2002 14:31:05 in MDI-Transaction Services, Market Data Insight    Print Article  Email Article   Full content requires subscription 

In the 1990s, Reuters’ share price enjoyed a skyward ride on the back of Instinet’s dominance of the electronic brokerage business. Reuters shareholders won double when Instinet’s IPO yielded a massive cash injection. But following the tribulations of the past month, Reuters’ continuing investment in Instinet must appear to the company and its owners as a decidedly double-edged sword.



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