TradingScreen Integrates ITG POSIT Alert
TradingScreen Inc. (TS), the all-asset class order and execution management system (OEMS), today announced an expansion of its strategic collaboration with ITG. TS customers will now benefit from access to ITG’s POSIT Alert, a leading source of block liquidity for institutional investors.
POSIT Alert averages daily liquidity of over $80 billion across 38 markets worldwide. Its full integration within TS’ one-touch OEMS workflow solution, TradeSmart®, will deliver additional liquidity opportunities to buy-side clients. POSIT Alert offers instant, anonymous access to unique buy-side liquidity around the world before it reaches the market with predefined block thresholds for anonymous notification to trade and automatic midpoint pricing that aims to be faster and easier than negotiating.
“A fully functioning execution management system should provide access to actionable data and robust liquidity which is why TradingScreen focuses on delivering both. We are committed to providing our clients the technology to deliver best execution and we are excited for our customers to further benefit from our integrations with ITG,” said Varghese Thomas, Chief Operating Officer and Chief Strategy Officer.
TradingScreen recently announced an additional integration with ITG, enabling access to ITG Pre-Trade analytics, real-time analytics at the single-order and portfolio levels which helps decrease buy-side trading costs and mitigate risk.
The regulator may also modernize rules related to the definition of an exchange.
The firm also reported record emerging markets commission revenue.
Buy-side and sell-side firms need to integrate applications to streamline traders' UX.
This is a significant milestone towards digitising the trading of voluntary carbon offsets.
International business has reached its largest share of total revenues.