Question 1

Does Instinet sponsor green cards?

Accepted Answer

Yes. Instinet has filed 3 PERM labor certification applications with the Department of Labor, with 3 certified. The median processing time from filing to decision has been 78 days.

Question 2

What is the current PERM processing time?

Accepted Answer

The DOL processing time from PERM filing to decision typically ranges from 6 to 18 months. This does not include the prevailing wage determination (1–6 months) or the recruitment period (2–3 months) that happen before filing. For Instinet, the median processing time from filing to decision has been 78 days. See the processing time chart above for year-over-year trends.

Question 3

How long does it take to get a green card through Instinet?

Accepted Answer

The full employer-sponsored green card timeline depends on three stages: PERM labor certification (6–18 months), I-140 petition with USCIS (4–6 months, or 15 days with premium processing), and adjustment of status or consular processing. For applicants from countries with visa backlogs like India and China, the wait for a visa number after I-140 approval can add years. The total process from start to green card typically takes 1–5+ years.

Question 4

What triggers a PERM audit?

Accepted Answer

The DOL may audit a PERM application if certain risk factors are present: layoffs within 6 months of filing, the foreign worker having an ownership interest in the company, job requirements that exceed the norm for the occupation, foreign language requirements, or combination occupations. An audit requires additional documentation but does not mean the case will be denied.

Question 5

What is Instinet's PERM approval rate?

Accepted Answer

Instinet has a 100% PERM approval rate across 3 total applications (3 certified, 0 denied, 0 withdrawn). The national average PERM approval rate is approximately 85%. Note that withdrawn cases are not counted in the approval rate calculation.

Year	Filings	Certified	Denied	Withdrawn	Median Processing Days
2017	2	2	0	0	110
2016	1	1	0	0	78

Job Title	Salary	Location	Filed	Decision	Days	Status
Quantitative Researcher A-17250-84387	N/A	New York, NY	Sep 7, 2017	Feb 7, 2018	153	Certified-Expired
Analytics and Derivatives Associate A-17093-20089	$90,000	New York, NY	Apr 11, 2017	Jun 16, 2017	66	Certified
Finance Manager A-16193-31316	$118,000	New York, NY	Jul 20, 2016	Oct 6, 2016	78	Certified-Expired

Instinet — Green Card PERM Data

Instinet PERM & Green Card Filings

PERM Filings by Quarter

PERM Processing Time by Year

All PERM Filings

Similar Visa Sponsors

Euronext FX Inc.

Group One Trading LLC

Xpansiv Data Systems, Inc.

CHICAGO BOARD OPTIONS EXCHANGE

Rapid Ratings International Inc.

Moomoo Financial

Frequently Asked Questions

Ready to modernize your immigration program?

Ready to modernize your immigration program?