ITG, an agency broker and technology company, has added Turkish and Israeli equities to its POSIT dark pool.
Members of POSIT now have access to 600 stocks in Israel and 350 stocks in Turkey.
“With the addition of Turkey and Israel, two rapidly developing equity markets, ITG is able to provide greater reach to our clients,” said Rob Boardman, managing director and head of ITG's EMEA operations. “This expansion of POSIT underscores our commitment to being the leading global provider of institutional block liquidity and a key partner in improving investment performance.”
POSIT now offers trading in 14,500 stocks spanning 22 countries in Europe, the Middle East and Africa, and over 1,000 exchange-traded funds were recently added to the platform.
According to Thomson Reuters Equity Market Share Reporter, ITG POSIT had a 5.37% share of overall dark trading in Europe in April, with a total value traded of €1.086 billion. The average daily volume of POSIT in Q1 was 84 million shares, according to ITG's own data.