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{| class="wikitable"
{| class="wikitable"
|-
|-
| '''Type '''
| '''[[Types of companies|Type]]'''
| [[Public Company|Public]] (NYSE: ITG)
| [[Public Company|Public]] ([[NYSE]]: ITG)
|-
|-
| '''Founded '''
| '''Founded '''
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|-
|-
| '''Headquarters '''
| '''Headquarters '''
| New York, USA
| [[New York]], [[USA]]
|-
|-
| '''Key People '''
| '''Key People '''
| Robert Gasser (CEO)<br />Howard Naphtali (CFO)
| Robert Gasser (CEO)<br />Howard Naphtali (CFO)
|-
|-
| '''Industry '''
| '''[[Industry]] '''
| Financial Services
| [[Finance and insurance|Financial Services]]
|-
|-
| '''Website '''
| '''[[Website]]'''
| www.itg.com
| [http://www.itg.com www.itg.com]
|}
|}




===Summary===
===Summary===
Investment Technology Group, Inc. (NYSE: ITG) is a global agency brokerage and financial markets technology firm that helps global asset managers and hedge funds navigate the complexities of evolving market structure. A pioneer in the early days of electronic trading, ITG launched the industry’s first anonymous electronic trade matching system, POSIT, in 1987. Since then, ITG has expanded its offerings to span the full trading continuum, combining pre-trade analysis, order management, trade execution, and post-trade evaluation. <br /><br />
<p>Investment Technology Group, Inc. (NYSE: ITG) is a global agency brokerage and financial markets technology firm that helps global asset managers and hedge funds navigate the complexities of evolving market structure. A pioneer in the early days of electronic trading, ITG launched the industry’s first anonymous electronic trade matching system, POSIT, in 1987. Since then, ITG has expanded its offerings to span the full trading continuum, combining pre-trade analysis, order management, trade execution, and post-trade evaluation. </p>


ITG’s core products include the POSIT® crossing system, ITG Algorithms™, Triton® execution management system, and ITG TCA® (Transaction Cost Analysis).<br /><br />
<p>ITG’s core products include the POSIT® crossing system, ITG Algorithms™, Triton® execution management system, and ITG TCA® (Transaction Cost Analysis.</p>

⚫
ITG is headquartered in New York and has offices across the globe including in Boston, Los Angeles, Toronto, Chicago, London, Dublin, Tel Aviv, Madrid, Sydney, Melbourne, Hong Kong and Tokyo.<br />


⚫
<p>ITG is headquartered in New York and has offices across the globe including in Boston, Los Angeles, Toronto, Chicago, London, Dublin, Tel Aviv, Madrid, Sydney, Melbourne, Hong Kong and Tokyo.</p>
===History===
===History===
ITG was founded in 1987, as a division of Jeffries, to provide automated equity trading to institutional investors. That year, the company introduced POSIT, the first anonymous electronic trade matching system. POSIT offered confidential, low cost, electronic matching of orders, and still remains among the top matching systems (also known as crossing networks) today. <br /><br />
<p>ITG was founded in 1987, as a division of Jeffries, to provide automated equity trading to institutional investors. That year, the company introduced POSIT, the first anonymous electronic trade matching system. POSIT offered confidential, low cost, electronic matching of orders, and still remains among the top matching systems (also known as crossing networks) today.</p>


In 1990, ITG launched QuantEX, a high-end trading system for institutional traders integrating analytics, routing, and trade management. ITG began to provide clients with pre- and post-trade tools and analytics in 1992. <br /><br />
<p>In 1990, ITG launched QuantEX, a high-end trading system for institutional traders integrating analytics, routing, and trade management. ITG began to provide clients with pre- and post-trade tools and analytics in 1992. <br /><br />
ITG became a publicly traded company in 1994, listed on NASDAQ (Ticker: ITGI). The ITG Australia office opened in 1997, giving regional investors POSIT equity crossing. The firm expanded into Europe in 1998. In 1999, ITG completed its spin-off from Jeffries (NYSE Ticker: ITG), giving it full independence.<br /><br />
ITG became a publicly traded company in 1994, listed on NASDAQ (Ticker: ITGI). The ITG Australia office opened in 1997, giving regional investors POSIT equity crossing. The firm expanded into Europe in 1998. In 1999, ITG completed its spin-off from Jeffries (NYSE Ticker: ITG), giving it full independence.</p>


In 2000, the company’s Canada office opened, offering Canadian institutions a means of finding liquidity and reducing
<p>In 2000, the company’s Canada office opened, offering Canadian institutions a means of finding liquidity and reducing
transaction costs. In 2002, ITG accelerated its growth strategy into the hedge fund market by acquiring Hoenig, a leading provider of trade execution and research services to alternative investment funds. The firm then opened an office in Hong Kong.<br /><br />
transaction costs. In 2002, ITG accelerated its growth strategy into the hedge fund market by acquiring Hoenig, a leading provider of trade execution and research services to alternative investment funds. The firm then opened an office in Hong Kong.</p>


ITG completed its purchase of Radical Corporation, a provider of direct access trading solutions to the institutional brokerage and hedge fund community, in 2004. This added a new direct access trading solutions to the span of ITG trade offerings. Its Japan office was opened in 2005. The company boosted its ITG TCA offering when it acquired Plexus Group in 2006. That same year, ITG acquired Macgregor, a leading trade order management system provider. In 2007, it acquired RedSky Financial, a leading company in futures and options trading technology, expanding its multi-asset trading capabilities.
<p>ITG completed its purchase of Radical Corporation, a provider of direct access trading solutions to the institutional brokerage and hedge fund community, in 2004. This added a new direct access trading solutions to the span of ITG trade offerings. Its Japan office was opened in 2005. The company boosted its ITG TCA offering when it acquired Plexus Group in 2006. That same year, ITG acquired Macgregor, a leading trade order management system provider. In 2007, it acquired RedSky Financial, a leading company in futures and options trading technology, expanding its multi-asset trading capabilities.</p>
===Offerings===
===Offerings===
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===External Links:===
===External Links:===
www.itg.com - Official Website
[http://www.itg.com www.itg.com] - Official Website

Revision as of 16:48, 14 August 2008

Template:Currently being edited for references

Investment Technology Group

Type Public (NYSE: ITG)
Founded 1987
Headquarters New York, USA
Key People Robert Gasser (CEO)
Howard Naphtali (CFO)
Industry Financial Services
Website www.itg.com


Summary

Investment Technology Group, Inc. (NYSE: ITG) is a global agency brokerage and financial markets technology firm that helps global asset managers and hedge funds navigate the complexities of evolving market structure. A pioneer in the early days of electronic trading, ITG launched the industry’s first anonymous electronic trade matching system, POSIT, in 1987. Since then, ITG has expanded its offerings to span the full trading continuum, combining pre-trade analysis, order management, trade execution, and post-trade evaluation.

ITG’s core products include the POSIT® crossing system, ITG Algorithms™, Triton® execution management system, and ITG TCA® (Transaction Cost Analysis.

ITG is headquartered in New York and has offices across the globe including in Boston, Los Angeles, Toronto, Chicago, London, Dublin, Tel Aviv, Madrid, Sydney, Melbourne, Hong Kong and Tokyo.

History

ITG was founded in 1987, as a division of Jeffries, to provide automated equity trading to institutional investors. That year, the company introduced POSIT, the first anonymous electronic trade matching system. POSIT offered confidential, low cost, electronic matching of orders, and still remains among the top matching systems (also known as crossing networks) today.

In 1990, ITG launched QuantEX, a high-end trading system for institutional traders integrating analytics, routing, and trade management. ITG began to provide clients with pre- and post-trade tools and analytics in 1992.

ITG became a publicly traded company in 1994, listed on NASDAQ (Ticker: ITGI). The ITG Australia office opened in 1997, giving regional investors POSIT equity crossing. The firm expanded into Europe in 1998. In 1999, ITG completed its spin-off from Jeffries (NYSE Ticker: ITG), giving it full independence.

In 2000, the company’s Canada office opened, offering Canadian institutions a means of finding liquidity and reducing transaction costs. In 2002, ITG accelerated its growth strategy into the hedge fund market by acquiring Hoenig, a leading provider of trade execution and research services to alternative investment funds. The firm then opened an office in Hong Kong.

ITG completed its purchase of Radical Corporation, a provider of direct access trading solutions to the institutional brokerage and hedge fund community, in 2004. This added a new direct access trading solutions to the span of ITG trade offerings. Its Japan office was opened in 2005. The company boosted its ITG TCA offering when it acquired Plexus Group in 2006. That same year, ITG acquired Macgregor, a leading trade order management system provider. In 2007, it acquired RedSky Financial, a leading company in futures and options trading technology, expanding its multi-asset trading capabilities.

Offerings

ITG provides solutions spanning the entire trading continuum including:

  • Portfolio Management - ITG solutions help portfolio managers optimize investment performance as well as maintain compliance with global regulatory, client and firm mandates.
  • Pre-Trade - ITG’s pre-trade tools deliver insights that can help manage trading risk, increase efficiency, and improve investment performance.
  • Trade - ITG trade and execution services combine advanced order management and execution management technology, a high level of client service, and unique liquidity destinations. Specialized agency trading services span portfolio trading, single stock, hedge fund and international.
  • Post-Trade - ITG offers post-trade processing tools for trade matching, settlement notification and clearing to help streamline operations and reduce costs. ITG’s post-trade analysis tools evaluate the costs of trading, providing feedback to help improve trading strategies and investment returns.


Notable Awards:

  • Nominated for Vendor of the Year for single ticket clearing capabilities in the Operations Management’s 2008 Awards for Excellence
  • Named Best EMS Provider by Waters Magazine – Waters Rankings 2008
  • POSIT named Best Liquidity Access Provider at the 2007 American Financial Technology Awards (AFTAs)
  • POSIT named Best Crossing Network by Waters Magazine – Waters Rankings 2007
  • Triton platform ranked second in the Execution Management Systems category – Waters Rankings 2007
  • Macgregor XIP ranked third best portfolio management system – Waters Rankings 2007
  • ITG's GATE Execution Router won third place in Waters Best Front Office Initiative in 2006
  • Named Best TCA – Waters Rankings 2005

External Links:

www.itg.com - Official Website

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