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Are Instinet and NYSE Ready to Tie the Knot?

Traders Magazine, January 2005

Gregory Bresiger

Could the Big Board get into the Instinet hunt? It's not clear that the New York Stock Exchange is looking in the direction of its aggressive competitor. However, an official of Instinet says he thinks the Big Board is seeking a partner. "It wouldn't surprise me," says Michael Plunkett, president of North America for Instinet. Plunkett didn't say the NYSE and Instinet would ever become partners as some have speculated.

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