12 December 2017
visit www.aciworldwide.com

ITG ships Posit to Thailand

25 January 2017  |  1791 views  |  0 Source: ITG

ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the addition of trading in Thai equities to the POSIT and POSIT Alert crossing platforms.

Thailand marks the 11th country in the Asia Pacific region and the 37th country globally where POSIT Alert block crossing is available.

In addition to launching POSIT and POSIT Alert for Thai equities, ITG is also implementing the PowerScore trading measurement system across the Asia Pacific region. The PowerScore feature works to improve user experience and overall performance across the POSIT network by providing a score to each user based on metrics that contribute to positive interactions among users on the platform.

“The addition of Thailand, a key Asia Pacific market, makes POSIT Alert’s liquidity offerings even stronger. This expansion further demonstrates our commitment to providing a high-quality block crossing network for our clients around the world,” said Ofir Gefen, Co-Head of Execution Services for ITG in Asia Pacific. “There is a clear demand for block liquidity in the region, as demonstrated by our 66% growth in value traded in POSIT Alert in 2016,” he added.

POSIT Alert is a valuable trading resource for buyside traders in 37 countries across the Americas, Europe and the Asia Pacific region, seamlessly connecting the trade blotters of nearly 2500 traders. In 2016, POSIT Alert averaged more than $50 billion in indicated liquidity per day, including more than $6 billion in Asia Pacific, with a global average trade size of $1.4 million.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit http://info.nice.comvisit www.aciworldwide.comvisit www.solutions.lexisnexis.com

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18665 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11582 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8109 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6868 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6242 views comments | 19 tweets | 10 linkedin

Featured job

Find your next job