ITG to Offer Conditional Orders for POSIT Alert in Europe

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
98
ITG to Offer Conditional Orders for POSIT Alert in Europe

NEW YORK and LONDON, April 25, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE: ITG ), a leading independent broker and financial technology provider, today announced plans to offer conditional orders for POSIT Alert ® in Europe. POSIT Alert clients who choose to enable this functionality will have the option to interact with sell-side conditional orders, providing the opportunity to execute in the POSIT MTF against block liquidity from participating institutional brokers. Buy-side users who choose this feature will be alerted to block opportunities when matches are found.

The conditional order functionality can enhance the significant buy-side block liquidity currently available in POSIT Alert, which averaged $18 billion in indicated daily liquidity in the EMEA region during the first quarter of 2017. Conditional orders are already available as an opt-in feature to POSIT Alert in the U.S. and the functionality will be rolled out for POSIT Alert in EMEA during the second quarter of 2017.

“With the MiFID II trading rules nearing on the horizon, there is a greater focus on block trading,” said Duncan Higgins, Head of Electronic Products for ITG in Europe. “Investors are looking to interact with non-displayed liquidity in a more deliberate way and the conditional orders functionality enables users to access new block liquidity sources while still minimizing their market impact.”

New POSIT Alert Records The new conditional order functionality adds to the strength of POSIT Alert’s global crossing capabilities. POSIT Alert set new trading records in the first quarter of 2017, with more than $440 million in average daily value traded in EMEA and more than $42 million in Asia Pacific. POSIT Alert is available to buyside traders to execute in 37 markets worldwide, seamlessly connecting the trade blotters of more than 2000 traders. POSIT Alert averages more than $60 billion in indicated liquidity per day globally, with an average trade value of more than $1.4 million. For more information on ITG’s full range of global electronic brokerage capabilities, please contact  info@itg.com  or call ITG’s London electronic trading desk at +44 207 670 4066 or New York trading desk at +1 212 444 6100.

About ITG ITG applies technology and trading expertise to reduce implementation costs, helping clients improve investment performance. An independent broker established in 1987, ITG provides liquidity, execution, analytics and workflow solutions to leading asset management and brokerage firms. Investment Technology Group, Inc. (NYSE: ITG ) has offices in Asia Pacific, Europe and North America and offers trading services in more than 50 countries. For more information, please visit  www.itg.com .

ITG Media/Investor Contact: J.T. Farley +1 212 444 6259 corpcomm@itg.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Creality Rolls Out K3, SPARKX i8 at IFA 2026

Updated Category News Views 13

Creality Struts Its Stuff at IFA 2026 You wouldn't guess 3D printing had anything left to dazzle us with, but Creality has sure put those notions to rest at the IFA 2026 in Berlin. They're rolling out the big guns with fresh tech that pushes both efficiency and sustainability—two big buzzwords these days—and ties a neat little bow on their innovative streak....

Continue Reading
Aroa Biosurgery Reports Low Infection Rates: A Milestone

Updated Category News Views 1

Peer-Reviewed Study: Aroa's Myriad Shows Low Infection Rates Seems like the folks at Aroa Biosurgery have got something solid to brag about in the world of complex soft tissue reconstruction. The company just released interim results from their massive MASTRR Registry study, and the numbers are looking pretty darn promising. We're talking about a 411-patient analysis...

Continue Reading
Pudu D7 Robot Shines at IFA, Setting New Robotics Bar

Updated Category News Views 3

Breaking New Ground in Robotics at IFA Well, here's a nugget for robotics buffs and investors alike: Pudu Robotics, a heavyweight in commercial service robotics, is carving out a fresh chapter with its PUDU D7. Making waves as an honoree at the IFA Innovation Awards, the D7 presents a mash-up of brains and brawn—exemplifying the future path for robotics. The PUDU D7...

Continue Reading
FDI Launches 'Generation Smile' for Global Oral Health

Updated Category News Views 4

A New Kind of Movement Imagine a campaign not bound by age or geography but united by a shared mission. Generation Smile, freshly launched by the FDI World Dental Federation in Prague, is just that kind of uprising. This initiative redefines existing approaches to oral health, pushing beyond the boundaries of mere dental care to emphasize the integral role oral health...

Continue Reading
Park Systems Expands in the Pacific Northwest

Updated Category News Views 1

Strategic Move into Hillsboro Sparks Industry Buzz Park Systems, already a heavyweight in the nanometrology arena, just made a bold play with the opening of its latest regional office. Nestled in the tech-centric town of Hillsboro, Oregon, this hub is set to redefine how they handle technical support and customer management across the Pacific Northwest. It's like they're...

Continue Reading
Asia-Pacific Media Forum Eyes Future Growth Strategies

Updated Category News Views 2

Media Heavyweights Converge in Shenzhen Picture this: Over 400 media moguls from the Asia-Pacific region, huddled together in Shenzhen under that blazing September sun. What for? They're on a mission, inspecting China's shifting landscape, hunting down fresh growth avenues in the Guangdong-Hong Kong-Macao Greater Bay Area. It kicks off within the walls of the Asia-Pacific...

Continue Reading
Clover's RSV Combo Vaccine Shows Promise in Trials

Updated Category News Views 3

In the biotech world, there's always a race. Clover Biopharmaceuticals is making strides with their RSV+hMPV vaccine candidate, especially for the elderly. Imagine those big leaps in development—all boosted by recent results from a Phase 2 trial down under in Australia. Key Findings of the Trial Immunogenicity Insights They're not messing around with these findings. The...

Continue Reading
XiamenAir Takes Off with Fujian-London Link

Updated Category News Views 1

A New Dawn for Fujian Travelers Here's a nugget to chew on: XiamenAir's first-ever direct flight from Xiamen to London had its moment in the spotlight. This isn't just another intercontinental flyby—it's a game-changer for folks in Fujian looking to hop across the pond without the layover hassle. With Flight MF821 touching down in Heathrow early on September 6th, this...

Continue Reading
Midea's VitaBreeze: Revolutionizing Personalized Climate

Updated Category News Views 7

A Fresh Breeze in Climate Control Here's something that'll shake up your household. Midea just announced their latest gizmo, called VitaBreeze, and they’re not messing around. They introduced it at IFA 2026, promising it's not just for cooling off in the summer or heating in the winter. Oh no, my friends, they've packed this unit with enough cutting-edge tech that...

Continue Reading
China's Manufacturing: Squeeze or Opportunity?

Updated Category News Views 4

Analyzing China's Impact on Global Markets Think of China's manufacturing clout and you're likely to picture booming factories, relentless steel, and smoke-churning industries reshaping the global chessboard. But here's the kicker: are they swallowing up room for others, or paving the way for their growth? It’s this debate that took the spotlight at the Asia-Pacific...

Continue Reading

Top 5 Most Recently Viewed Articles

Omni Federal Advances Cybersecurity with JCHK Selection

Updated Category News Views 209

Omni Federal Joins the U.S. Cyber Command's JCHK Initiative Omni Federal is thrilled to share its recent selection for the Joint Cyber Hunt Kit (JCHK) competition. This significant achievement is managed through the Defense Innovation Unit (DIU), representing a major advancement in enhancing military and national security cyber capabilities. The collaboration establishes...

Continue Reading
Innovative AI Imaging Solutions Unveiled by Leopard Imaging

Updated Category News Views 159

Leopard Imaging Teams Up with Sony to Transform Imaging Technology Leopard Imaging Inc. is at the forefront of intelligent vision solutions, pushing boundaries with its latest collaboration with Sony Semiconductor Solutions Corporation. Together, they are set to unveil the GS500 AI Vision System, a remarkable advancement in imaging technology, specially designed for smart...

Continue Reading
Understanding the Shift in Lennox International's Stock Sentiment

Updated Category News Views 206

Overview of Lennox International's Short Interest Lennox International (NYSE: LII) has seen a notable decrease in its short percent of float, with a recent report indicating a 19.92% drop. Currently, approximately 1.07 million shares are sold short, representing about 3.78% of all regular shares available for trading. Traders should note that based on the current trading...

Continue Reading
Experience Autumn Fun with FIND THE HALLOWEEN SHIBUYA on Roblox

Updated Category News Views 169

FIND THE HALLOWEEN SHIBUYA Launches on Roblox In an exciting development for gaming and community engagement, transcosmos inc. and Future Design Shibuya have come together to unveil "FIND THE HALLOWEEN SHIBUYA," a captivating game on Roblox. This initiative seeks to enhance Shibuya's charm and promote good manners among players. By immersing users in a Halloween-themed...

Continue Reading
Metro Diner Launches Exciting New Location in Evansville

Updated Category News Views 287

Metro Diner Opens Its Doors in Evansville Metro Diner, a brand celebrated for its unique take on classic American comfort food, has proudly established its first location in Evansville. The new diner can be found at 945 N. Burkhardt Road, nestled in the vibrant Lillian Plaza. This 3,600-square-foot establishment is led by experienced Managing Partner Chris Wyatt, who is...

Continue Reading