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July 27, 1992

BOMAR SECURITIES IS NOW A PART OF INSTINET

By CBR Staff Writer

Instinet Corp, the equities trading system subsidiary of Reuters Holdings Plc, has bought Bomar Securities LP for $8m cash: New York-based Bomar has a database of over 3,000 stocks with price histories going back eight years, and markets a workstation that enables users to monitor real time stock price data and analyse historical data; Instinet will market Bomar’s products as Instinet Analytics, a new service alongside its existing networks.

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