ITG to Launch POSIT Match®
POSIT Match is an innovative solution for institutional investors seeking quality block liquidity early in the trading day, when price formation is still underway and volatility and trading costs are generally higher. POSIT Match builds on the success of the ITG Dynamic Open algorithm, which empowers traders to tap the liquidity available in the
"Sometimes, we look to the past to solve the problems of the present," said
POSIT Match also offers enhanced block trading opportunities for portfolio traders. Trading blocks in a list poses additional challenges given potential cash- and risk-management constraints. By offering portfolio constraints, POSIT Match enables list traders to cross offsetting positions conditionally in accordance with their risk and cash limits.
Commenting on the POSIT Match announcement,
POSIT Match is available via ITG's award-winning Triton® execution management system and also via FIX connection to ITG from third-party trading systems. POSIT Match is part of ITG's full suite of liquidity management solutions, which includes industry-leading algorithms in 35 markets across the
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
ITG Media/Investor Contact: