NOMURA BUYS OFF THE (STATE) STREET  – Nomura Group’s equity execution services arm Instinet LLC, have acquired State Street’s BlockCross Alternative Trading System (ATS). BlackCross, which is an independent brokerage firm that brings together buy and sell-side liquidity to provide block-sized trading opportunities, will not be broken up and the current team will operate as normal after the acquisition. The deal will allow BlockCross clients to retain their access to State Street’s liquidity, whilst utilizing Instinet’s fast and powerful execution capabilities. Jonathan Kellner, CEO of Instinet, believes “this acquisition is another milestone in Instinet’s history of delivering industry leading technology and execution services to the global market place.” #SpartanInternational