ITG Expands Global Futures Capabilities Provides Enhanced Execution and Routing via FIX, Triton , ITG OMS and Triton Derivatives
NEW YORK, Nov. 6, 2012 /PRNewswire via COMTEX/ — ITG (NYSE:ITG), a leading independent execution and research broker, today announced the expansion of its global brokerage services to offer futures execution capabilities as well as broker-neutral routing on venues in the Americas, Europe and the Asia-Pacific region.
The execution capabilities include both direct market access (DMA) and the use of ITG’s futures algorithms. The new capabilities can be accessed via ITG’s trading platforms through a Morgan Stanley introducing brokerage and technology agreement. The futures suite also includes new proprietary functionality for the seamless rolling of futures contracts at expiration dates, reducing transaction costs and improving trade desk productivity.
In addition, global broker-neutral routing capabilities for futures are available via ITG’s award-winning Execution Management System, Triton, the ITG Order Management System and also via ITG Net FIX connection from most third party EMS and OMS platforms.
“These expanded futures capabilities demonstrate our commitment to access liquidity across asset classes and around the globe for our clients,” said ITG’s Head of Liquidity Management, Jamie Selway.
Also commenting on the launch, ITG’s Head of Platforms, Will Geyer, said, “the expanded futures capabilities in Triton and ITG OMS reinforce ITG’s position as an industry-leading trade management platform and a trusted partner to the institutional investment community.”
ITG’s Triton offers connectivity to more than 450 brokers worldwide combined with powerful trading tools and an integrated suite of pre-trade, intra-day and post-trade analytics. ITG’s liquidity management solutions include industry-leading algorithms in 35 markets across the Americas, Asia Pacific and the EMEA region and POSIT(®) dark crossing in 27 markets worldwide. For more information about ITG’s platform and liquidity management solutions, contact email@example.com.
ITG is an independent execution and research broker that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.