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Brokerage Servicer Seeks Higher Profile
NEW YORK–Instinet, a wholly owned Reuters Group subsidiary providing brokerage services to investment professionals, is evaluating agencies for a $20-30 million ad account, sources said.
“We routinely review our communications programs to meet our needs,” said Terry Mulry, vice president of corporate communications at the company. Mulry declined further comment and would not confirm if a review is under way.
Thirty-year-old Instinet, based in New York, bills itself as “The world’s largest agent broker.”
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