Virtu and MarketAxess to provide global ETF and fixed income products LeapRate

April 05, 2019 BY Valentina Kirilova

Virtu and MarketAxess to provide global ETF and fixed income products

Virtu Financial, Inc. (NASDAQ:VIRT) and MarketAxess Holdings, Inc. (NASDAQ: MKTX), have teamed up to provide institutions with enhanced trading tools and access to global exchange-traded funds (ETFs) and fixed income securities. The partnership will include the distribution of Virtu’s streaming eNAV ETF fair value offering and will launch in Q3 2019. Virtu recently completed the acquisition…

October 23, 2018 BY Valentina Kirilova

TradingScreen expands its strategic collaboration with ITG

TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced an expansion of its strategic collaboration with ITG. TS customers will now benefit from access to ITG’s POSIT Alert, a source of block liquidity for institutional investors. POSIT Alert averages daily liquidity of over $80 billion across 38 markets worldwide.…

October 02, 2018 BY Valentina Kirilova

TradingScreen Inc. teams up with ITG

TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), has just announced a strategic collaboration with ITG, an independent broker and financial technology provider. The collaboration will result in an integrated solution that allows TS customers to access ITG real-time analytics at the single-order and portfolio levels. Providing valuable insight into the…

June 22, 2017 BY LeapRate Staff

SEC adds additional charges and fines in ITG foreign shares ADRs case

The U.S. Securities and Exchange Commission today announced additional charges in an enforcement investigation involving the improper handling of American Depositary Receipts (ADRs) by a Wall Street firm’s securities lending desk. The SEC’s order finds supervisory failures by Anthony Portelli, a former managing director and head of operations at broker-dealer ITG Inc., a unit of…

April 12, 2017 BY Valentina Kirilova

ONEaccess and ITG launch MiFID II research unbundling solution

ONEaccess, a Visible Alpha company and corporate access and research valuation platform and ITG (NYSE:ITG), a independent broker and financial technology provider, today announced an agreement to offer investor clients an integrated solution that simplifies compliance with MiFID II requirements around valuing and paying for research content. The integration between the ONEaccess and ITG solutions…

January 12, 2017 BY LeapRate Staff

Broker ITG paying $24 million SEC fine for foreign share ADRs violation

The U.S. Securities and Exchange Commission today announced that broker Investment Technology Group (NYSE:ITG) agreed to pay more than $24.4 million to settle charges that it violated federal securities laws when it prompted the issuance of American Depository Receipts (ADRs) without possessing the underlying foreign shares. ADRs are U.S. securities that represent shares of a…

January 19, 2016 BY Mike Fox

ITG names Minder Cheng as Chairman of Board of Directors and Frank Troise begins as CEO

ITG (NYSE:ITG), a leading independent broker and financial technology provider, announced that Minder Cheng has been appointed Chairman of its Board of Directors and Frank Troise has joined the company as Chief Executive Officer, President and member of the Board of Directors, effective January 15, 2016. Mr. Cheng has been a director since November 2010.…

October 19, 2015 BY Mike Fox

ITG Appoints Frank Troise as CEO and President

Mr. Troise brings extensive experience in electronic trading to ITG. From 2010 until October 2015, Mr. Troise was a managing director at J.P. Morgan, most recently serving as head of J.P. Morgan Execution Services, a global multi-asset electronic execution group within the investment bank. ITG (NYSE:ITG), an independent execution broker and research provider, today announced…

July 07, 2015 BY Mike Fox

ITG launches 'Best Market Server 2.0' automatically hedging Forex exposure in real time

Clients using the Best Market Server have the ability to define any combination of limit or market orders either in US or Canadian dollars.

March 31, 2015 BY Mike Fox

ITG launches Smart Limit Retail Algorithm to help retail brokers manage passive limit order placement

Investment Technology Group (NYSE:ITG) a leading execution and research broker, today announced the launch of ITG Smart Limit Retail Algorithm (SLimit) a retail order-specific version of the innovative ITG Smart Limit Algorithm designed to improve passive trading performance in a highly competitive, fragmented market. ITG SLimit Retail routes passively priced orders, using real-time and historical indicators, to…

Tag: ITG