Investment Technology Group (NYSE:ITG), a leading provider of technology-based trading services and transaction research, today announced the availability of broker algorithms from the Triton execution management system (EMS).
Clients can now access proprietary algorithms from Banc of America, BNY ConvergEx, Bear Stearns, Citi, Jefferies, JPMorgan, Lehman Brothers, Merrill Lynch, Sanford C. Bernstein and UBS in addition to ITG's own algorithmic trading suite. The full functionality of these algorithms is available directly from the Triton trading blotter and includes the ability to set execution parameters and constraints.
"ITG's inclusion of broker algorithms through our Triton execution management system is another example of our broker neutral approach, where orders are routed to the destinations that our clients choose," said Andrew Larkin, Managing Director at ITG. "We are committed to giving our clients a single execution management system that provides flexible and efficient access to multiple algorithms, analytics and liquidity pools."
ITG Triton connects customers to over 90 brokers and all major ATS, ECN and exchange destinations.