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ITG Releases Research Unbundling Guide

FAQs Help Investors Prepare for Impending European Regulation

NEW YORK, Sept. 28, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading execution broker and research provider, today published a series of frequently asked questions (FAQs) to assist asset managers in navigating the upcoming European regulations around research payments. Proposals to unbundle payments for investment research from trading commissions are one focus of the European Union’s updated Markets in Financial Instruments Directive (MiFID II). By forcing brokers to price and charge for services separately, the aim is to enhance transparency and accountability, and achieve best execution while maximizing research value. European investment managers will likely be required to implement the changes on a global basis before the end of 2017.

The FAQs include insights into how asset managers will pay for research under the proposed MiFID II rules, how new regulation is likely to affect sell-side pricing, and what steps asset managers should take to prepare. The full list of FAQs, “MiFID II, Research Unbundling, and What it Means for You” can be accessed at commissionmanagement.itg.com.

“Asset managers with clients registered in Europe will inevitably need to adjust their research payment processes,” said Jack Pollina, Global Head of Commission Management and Hedge Fund Business Development at ITG. “These FAQs discuss the proposed research payment regulations and should help asset managers understand and prepare for the coming changes.”

New features of ITG Commission Manager help funds adapt to changing regulations by offering custom reporting by client, new settings for custom headers and granularity, enhanced budgeting features, and alerts to anticipate vendor contract renewals. For more information on ITG Commission Management Services please contact info@itg.com or visit commissionmanagement.itg.com.

About ITG

ITG is an independent execution broker and research provider 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.

ITG Media/Investor Contact:

J.T. Farley
+1 212 4446259
corpcomm@itg.com

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