ITG adds options routing to execution management system

Source: Investment Technology Group

Investment Technology Group, (NYSE:ITG), a leading provider of technology-based trading services and transaction research, today announced that it has added options routing capabilities to its Radical execution management system (EMS).

Customers can now execute in two asset classes, equities and options, from the same platform.

Radical is a flexible, multi-user interface for active and single-stock trading. The integration of options routing capabilities into Radical along with a direct feed from the Options Price Reporting Authority (OPRA) provides clients with access to all six options exchanges, fast execution capabilities, and increased trading efficiencies.

"By combining equity and options routing capabilities on one platform, ITG can help our clients streamline their operational processes," said Andrew Larkin, Managing Director at ITG. "Radical's reliability, anonymity and speed, combined with the ability to trade both equities and options, provides clients with a truly integrated trading platform for single stocks."

This functionality, added in response to customer demand, is now available to all Radical clients. Radical is a broker-neutral trading system that brings all the major markets directly to a trader's desktop. With Radical, traders have instant direct access to exchanges, ECNs, major broker-dealers, and ITG destinations like POSIT and ITG Algorithms, as well as integration with various order management systems.

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