"Our clients will benefit from the complementary strengths of a leading U.S. Equity Research franchise and the high quality execution platform Instinet has built over its 45-plus year history. This new, differentiated model will continue to drive value for our clients in an evolving marketplace," said Penn Egbert, Head of U.S. Equity Research at Instinet, LLC. Existing clients will continue to have seamless access to both Nomura's and Instinet's research offerings globally. About Instinet As the equity execution services arm of the Nomura Group, Instinet Incorporated's subsidiaries provide independent, agency-model brokerage services to clients throughout the world. Through its advanced suite of electronic trading tools, experienced high-touch trading group and unparalleled access to insightful content and liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance.