Meet the original fintech.

In 1969, we were upstarts with a radical idea: an electronic network for trading stocks.


It was the beginning of a revolution that helped shape the financial markets we know today. And that pioneering spirit still drives us—inspiring innovations that improve client performance, create more efficient and accessible markets, and support a system of investments that benefit people, communities, and businesses all over the world.

Highlights from over a half century of market innovation

Our story isn’t just about what we’ve achieved. It’s also about the part we’ve played in the digital transformation of global securities markets.

View the timeline
1969The Instinet Communication System, the market’s first ECN, goes live.
1971NASDAQ launches the world’s first fully electronic stock market.
1977Instinet introduces the first US stock quote montage, the Green Screen.
1984NYSE SuperDOT system allows orders to be routed electronically directly to specialists.
1986Instinet launches the first point-in-time cross in the US.
1987Automated NYSE Small Order Execution System (SOES) is introduced.
1992The Financial Information eXchange (FIX) real-time electronic communications protocol is introduced.
1993Instinet OMS is among the earliest order management systems for equities.
1997SEC Order Handling Rules remake the competitive structure of the US equity markets, boosting electronic trading and beginning the market’s tech revolution.
1999As new trading venues fragment the US equity market, Instinet launches Helix, a pioneering smart-routing technology.
2001IBM researchers publish a paper that shows algorithmic strategies consistently outperforming human traders.
2005The SEC’s Regulation National Market System (Reg NMS) is implemented, driving more volume into electronic markets and spurring growth of dark pools and high-frequency trading.
2006Instinet launches Chi-X Europe to little fanfare; within five years, it becomes the largest pan-European trading platform.
2009Instinet’s BlockMatch dark MTF debuts, providing European traders with opportunities to execute larger sized orders at lower implicit cost and with less market impact.
2012As global regulations impacting liquidity, risk provision, and order management increase market complexity, Instinet becomes the global execution arm of Nomura.
2014More than 75 percent of stocks traded on US exchanges originate from automated systems.
2015In anticipation of MiFID II unbundling rules, Instinet Europe Limited becomes the first broker to register with the FCA as a payment institution.
2017Instinet acquires BlockCross ATS, adding another unique block trading capability to its platform.
2019Instinet marks its 50th anniversary with "Fintech at Fifty," celebrating its role as a transformative force in the global securities markets.
2020Nomura and Wolfe Research Announce their Strategic Alliance, allowing Instinet trading clients to access and leverage the insights of Wolfe’s industry-leading equity analysts.
2022Instinet acquires FIS Execution Services, adding Fox River alpa-signal technology to its suite of algorithmic strategies.
2022Building on the growing interest in conditional order types in APAC markets, Instinet’s BlockMatch dark venue model is introduced in Asia as an Alternative Trading Pool.
2023Instinet launches conditional order management platform BlockCross in Asia, completing its global rollout.