19 August 2017
Find out more

ITG rolls out Allocator with Single Ticket Clearing

13 April 2011  |  4127 views  |  0 Source: Investment Technology Group

Investment Technology Group (NYSE:ITG), a leading agency research broker and financial technology firm, today announced the pan-European availability of ITG's Allocator with the enhanced capability of ITG Single Ticket Clearing, the industry's leading trade aggregation offering.

ITG is the first broker and technology provider to offer a solution which enables buyside traders to manage liquidity aggregation across all available dark venues, employing advanced anti-gaming technology to protect orders from adverse selection. ITG's Allocator combined with ITG Single Ticket Clearing allows traders to consolidate allocations and settlements across multiple brokers and execution venues into a single aggregated delivery to each custodial account, while maintaining full transparency with their brokers for commission credit and TCA purposes. Integrated single ticket clearing provides significant savings in custodial ticket charges and back-office costs.

"Allocator empowers our clients to capture liquidity available across multiple venues, minimising opportunity costs and improving trade performance," said Rob Boardman, Managing Director and head of ITG's European business. "The single ticket aggregation capability enables our clients to remove limits on the number of venues accessed and minimum execution size thresholds while still controlling costs."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.eudownload the paper nowvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8031 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7411 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6259 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6127 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5972 views comments | 11 tweets | 9 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...
London

Find your next job