24 August 2017
Find out more

ITG introduces list-based algorithms

06 June 2006  |  1422 views  |  0 Source: ITG

Investment Technology Group, Inc. (NYSE: ITG), a leading provider of technology-based trading services and transaction research, today announced the addition of list-based algorithms to its suite of algorithmic trading tools.

List-based algorithms allow ITG's customers to actively manage risk in portfolios of stocks, while minimizing transaction costs.

ITG's list-based algorithms are designed specifically for transition trades, fund cash flows and quantitative rebalances. List-based algorithms utilize advanced optimization techniques to reduce residual risk, tracking error and market impact by simultaneously accessing POSIT and ATS liquidity through DarkServer. These algorithms can be used to trade a list over multiple days or within a single day, helping customers to manage their portfolio transactions more efficiently. List-based algorithms can also help maintain dollar and sector balance.

"The introduction of list-based algorithms is another example of how ITG is continuing its history of innovation in algorithmic trading, said Tony Huck, ITG's Managing Director of Sales and Trading. "As algorithmic trading proliferates, ITG focuses on developing new algorithms that answer the specific needs of our client base."

ITG's algorithmic trading offerings run the gamut from single stock algorithms to highly complex list-based algorithms. All of ITG's algorithms integrate seamlessly with ITG's direct market access products, Triton and Radical, as well as a variety of order management systems. All ITG Algorithms utilize the DarkServer to access the unique liquidity found in alternative trading systems (ATSs), while applying multiple algorithmic trading strategies.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.euvisit www.vasco.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
21647 views comments | 45 tweets | 90 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
12126 views comments | 22 tweets | 35 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11577 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
11317 views comments | 10 tweets | 8 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10933 views 0 | 7 tweets | 1 linkedin