Execution and research brokerage ITG unveils FX trading cost index app


ITG (NYSE:ITG), leading execution and research broker, today announced the launch of the ITG FX Trading Cost Index Application, an innovative new tool for Foreign Exchange traders and portfolio managers. Updated daily, the ITG FX Trading Cost Index estimates the average cost of liquidity for 20 common currency pairs, taking into consideration the intended time of trade and notional trade value. The index also provides dealer and ECN calculations based on historical costs, adjusted for recent trends in cost levels and implied volatility.

“The ITG FX Trading Cost Index Application is the first of its kind in the foreign exchange space, leveraging the power of ITG’s industry-leading FX transaction cost database,” said Ian Domowitz, ITG Managing Director and Head of Analytics. “The app is a free and easily accessible reference tool for investors who want to quickly check estimated FX trading costs.”

Related News

arrow

Execution and research brokerage ITG unveils FX trading cost index app

0

Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: