Institutional agency-only broker Instinet, LLC has been censured and fined a total of $1.575 million for alleged violations of various provisions of the market access rule (15c3-5 of the Securities Exchange Act of 1934), and related exchange supervisory rules. Instinet, founded in 1969, is a Nomura company. Nomura describes itself as an “Asia-headquartered financial services… Read More >>
Perennial Value to Use Imagine’s Analytics Cloud
Imagine Software, a provider of financial risk and portfolio management solutions, reports that Perennial Value Management, part of an investment firm based in Australia, has selected Imagine’s cloud-based service for risk mitigation in its long-equity shares trust. Perennial manages $8.2 billion on behalf of institutional and retail clients, according to Imagine. “Imagine can easily aggregate… Read More >>
