ITG adds pan-Atlantic trading capabilities 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 the addition of pan-Atlantic electronic trading capabilities in its Triton execution management system (EMS), enabling clients in North America and Europe to trade US, Canadian, and European stocks from one platform.

ITG's Triton is a comprehensive EMS for equities trading that offers clients in North America and Europe broker-neutral direct market access (DMA) to numerous liquidity sources, algorithmic strategies, and analytical tools to help achieve best execution. With its comprehensive list-trading functionality, Triton's pan-Atlantic enhancements further improve workflow efficiencies by allowing desks located in New York and London, for example, to share, manage and trade the same lists in real time.

"The availability of pan-Atlantic capabilities in Triton represents an important milestone towards ITG's goal of providing clients with truly global products," said Bob Gasser, CEO and President of ITG. "Triton now allows our clients to trade more efficiently between North America and Europe, making Triton a more competitive product in these markets."

"As the marketplace becomes more global, many of our clients have requested a platform to allow them to seamlessly trade across borders and continents," said Alasdair Haynes, CEO of ITG's international business. "The introduction of Triton with pan-Atlantic capabilities meets this client demand and offers efficiency and flexibility to our client base."

ITG plans to add electronic Asia-Pacific trading capabilities in 2008, making Triton a truly global platform.

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