Sell side
Virtu Financial reveals plans to launch outsourced trading desk
Virtu Financial will target the buy-side with an outsourced trading desk and will bring the ITG Triton EMS to FX markets.
Tag: ITG
Morgan Stanley tops US equities broker league for commissions
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.
Instinet hires ITG trading analytics head for senior research role
David Fellah will head up quantitative trading strategy research and execution consulting at Instinet, after just over a year at ITG.
Equities
Bloomberg maintains dominance of OMS and EMS space, analysis finds
Research says that buy-side firms spent over $1 billion on OMS and EMS last year, as Bloomberg leads list of primary platforms.
Virtu closes $1 billion ITG acquisition
Agency broker ITG has been acquired by Virtu Financial for $1 billion after confirming plans to merge late last year.
Virtu to maintain ITG broker-dealer entities as tie-up nears completion
Virtu has obtained certain regulatory approvals for ITG takeover with completion of the deal expected in the first quarter this year.
ITG agrees to $12 million dark pool settlement
SEC hands ITG $12 million fine for disclosing information on client activity within POSIT to HFTs and misleading investors on how the dark pool operates.
ITG agrees to billion dollar Virtu takeover deal
ITG agrees to be acquired by high speed trading firm Virtu for $30.30 a share.
TS expands ITG partnership with addition of POSIT Alert
TradingScreen will integrate ITG POSIT Alert with its OEMS to provide clients with additional block liquidity.
ITG rolls out conditionals for POSIT Alert block trading in Asia
POSIT Alert conditional orders are already available in Europe, the Middle East and Africa, and the US.