ITG launches Triton EMS in Asia Pacific

Source: Investment Technology Group

Investment Technology Group (NYSE: ITG), a leading provider of technology-based trading services and transaction research, is introducing its Triton execution management system for the Asia Pacific region.

The system enables buyside traders to trade over 30,000 equities via multiple destinations across the Asia Pacific markets. This is done from a single application on their desktop, rather than having to access multiple exchanges, brokers and algorithmic trading tools individually. This brings improved efficiencies to buyside trading at a time when Asia Pacific trading firms are embracing more complex forms of electronic trading and adopting global standards of 'Best Execution.'

Triton is a fully customisable, broker-neutral platform that offers access to multiple liquidity sources. Users can choose to execute Asia Pacific trades through direct market access (DMA), ITG's trading services and algorithms, or third-party execution venues. The system also contains ITG's advanced market data, pre-and post-trade analytics tools which enable users to plan their trading strategy, monitor prices and trades in real-time, and evaluate transaction costs across diverse markets.

The addition of Asia Pacific capabilities builds on the international success of Triton in North America and Europe. In 2008 the regional systems will be fully integrated to deliver truly global trading from a single platform.

"Fund management firms across the Asia Pacific region face challenges trading multiple markets with different exchanges, currencies, regulations and market structures," said Alasdair Haynes, CEO of ITG International. "As electronic trading develops rapidly across the region, Triton creates an easy-to-use, single platform not only for finding liquidity and executing trades efficiently, but also for analysing and managing the costs of the entire trading process. Triton has been a huge success in North America and Europe, and demand for Asia Pacific capabilities is very strong both from international and domestic fund managers. We already have a number of significant global institutions using the system for their Asia Pacific trading and Triton is a key element of ITG's ongoing growth in Asia."

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