ITG Introduces POSIT Marketplace

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NEW YORK--(BUSINESS WIRE)--Mar. 17, 2009-- Investment Technology Group, Inc. (NYSE: ITG), a leading agency broker and financial technology firm, today announced the introduction of POSIT MarketplaceSM, an enhanced offering that combines the existing POSIT® liquidity pool with expanded destinations to help clients reach more buyside-to-buyside liquidity.

POSIT Marketplace represents the new evolution of the POSIT suite, uniting all of ITG’s liquidity options, POSIT Now®, POSIT Match®, and the ITG Dark Algorithm®, into one single liquidity source. This new offering uses dark pool aggregation technology to provide clients with simplified access to an expanded range of liquidity destinations. In addition, POSIT Marketplace incorporates advanced Liquidity Filter technology to ensure that clients are protected from gaming and only interacting with quality liquidity.

“ITG continually looks for new ways to meet the needs of our clients by innovating and evolving our offerings,” said Chris Heckman, Managing Director at ITG. “POSIT Marketplace responds to client demand for expanded liquidity options, all while maintaining the same level of quality liquidity that clients have come to expect from ITG.“

POSIT AlertSM, an indications based system, will continue to be a part of POSIT Marketplace, with POSIT Alert orders interacting with orders that reside in POSIT Marketplace. POSIT Marketplace can be accessed from any of ITG’s front end products, including Triton®, Radical™, ITG Channel™, Macgregor XIP®, or any third-party EMS or OMS.

About ITG

Investment Technology Group, Inc., is a specialized agency brokerage and financial technology firm that partners with asset managers globally to provide innovative solutions spanning the investment continuum. A leader in electronic trading since launching POSIT in 1987, ITG’s integrated approach now includes a range of products from portfolio management and pre-trade analysis to trade execution and post-trade evaluation. Asset managers rely on ITG’s independence, experience, and agility to help mitigate risk, improve performance and navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, Europe and the Asia Pacific regions. For more information on ITG, please visit

In addition to historical information, this press release may contain "forward-looking" statements, as defined in the Private Securities Litigation Reform Act of 1995, that reflect management's expectations for the future. A variety of important factors could cause results to differ materially from such statements. These factors include the company's ability to achieve expected future levels of sales; the actions of both current and potential new competitors; rapid changes in technology; financial market volatility; general economic conditions in the United States and elsewhere; evolving industry regulation; cash flows into or redemption from equity funds; effects of inflation; customer trading patterns; and new products and services. These and other risks are described in greater detail in the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008, and other documents filed with the Securities and Exchange Commission and available on the company’s web site.

Source: Investment Technology Group, Inc.

Investment Technology Group, Inc.
Media Relations:
Carolyn Freeland, 212-444-6481
Investor Relations:
Maureen Murphy, 212-444-6323

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