09.27.2016

ITG Launches Volume Participation Forecasting Tool

09.27.2016

ITG.com – New York – ITG, a leading independent broker and financial technology provider, today announced the launch of the Volume Participation Forecaster App, an online tool that aims to answer essential single-day trading questions by forecasting market volumes every 15 minutes during the trading day. The application uses data from recent market conditions along with historical average values to forecast how quickly those conditions are likely to return to their median values.

“Accurate forecasts of market conditions allow buy and sell-side traders to adjust their strategies to improve trading performance,” said Ian Domowitz, Head of Analytics at ITG. “The Volume Participation Forecaster App gives users the ability to anticipate likely market volumes, demonstrating the power of next generation decision-support tools.”

The Volume Participation Forecaster App is available free of charge on the ITG Analytics Incubator, along with several other liquidity cost and volatility index applications including the ITG Equity Trading Cost Index and the ITG FX Trading Cost Index. All indexes and applications are available to the institutional trading community via a responsive web site to promote transparency in the equity and FX trading communities.

ITG Analytics Incubator also offers a range of historical ITG Peer Analysis reports, based on one of the industry’s largest databases of transaction data. Select articles, presentations and videos produced by the ITG Analytics team since 2006 are available on the website at analyticsincubator.itginc.com. For more on ITG’s full range of analytical tools please contact info@itg.com.

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