INSTINET TAPS DIMASSIMO IN CONSOLIDATION

Account Move Follows Acquisition of Island ECN

Published on .

NEW YORK (AdAge.com) -- Instinet Group assigned its estimated $20 million to $30 million consolidated advertising account to independent DiMassimo Brand Advertising, New York.

Instinet acquired online securities-trading service Island ECN last summer; DiMassimo was the Island ECN agency.

Incepta's Citigate Albert Frank, New York, was the incumbent on Instinet.

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