InvestorsHub Logo
icon url

Train Guy

10/22/02 3:55 PM

#37388 RE: manny t #37352

I wasn't sure, so I went and looked. Island got mergered into Instinet. Don't know what that means for Island or the Island book. Um, I don't think CINN and Island are the same thing. CINN is the Cincinnati exchange. Level 2 and Island are not the same thing. Ed Nicoll if I remember right was CEO of Datek. Java bookviewer looks to be working ok on their site.

Instinet and Island ECN Close Historic Merger

September 20, 2002

New York – Instinet Group Incorporated (Nasdaq: INET) and Island ECN announced today that they
have completed their merger. Effective today, Island Holding Company has become a wholly-owned
subsidiary of Instinet Group Incorporated. This combination will offer professional investors and
traders superior trading platforms and diverse trading choices in worldwide marketplaces.

“This merger will provide customers with broader and deeper liquidity and offer them better execution
opportunities and improved performance across multiple markets in the U.S. and around the globe.
We look forward to setting the standard for delivering the most innovative products and services to our
customers,” said Ed Nicoll, Instinet’s newly appointed Chief Executive Officer.