Naoki Matsuba, Co-Head of Nomura’s Global Markets division and Chairman of Instinet
Incorporated, said: “Instinet is an integral part of the strategic ambitions we have for our equities
franchise, particularly given the ongoing shift of client assets into equities globally. We’re very
pleased to name Jonathan CEO of Instinet and leverage his leadership skills and market
expertise in a global capacity.”
He continued: “We’d also like to thank Kondo-san for his many contributions to Instinet over the
past seven years. Under his leadership, Instinet has solidified its position as a world-class
technology organization and as a result, significantly strengthened the Nomura Group’s position
in the equity market. Kondo-san has also been instrumental in the development and growth of
the Chi-X market centers as Chairman of Chi-X Global.”
Mr. Kellner commented: “Instinet has long been one of the world’s preeminent providers of
electronic brokerage services, and with the role we now play within the Nomura Group, our
relevance to the buy side has never been greater. I’m extremely excited to be taking on this
position at this point in the firm’s history.”
Prior to being named CEO, Mr. Kellner served as Head of Instinet’s Americas businesses. He
joined the Nomura Group in 2003 and moved to Instinet in 2007 following its acquisition of the
company. Mr. Kellner previously held senior trading and technology positions at Charles
Schwab, Investment Technology Group and Morgan Stanley.
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