Awards

We're not the biggest, but they keep naming us 'best'

With the constant push to innovate and improve performance, you need partners and resources you can count on. But don’t take our word for it— the industry’s top research organizations and publications have been recognizing ITG for years.

Analytics

  • 2016 – Best New Mobile Application (ITG Analytics Incubator)

    Wall Street Letter

  • 2015 – Best TCA Provider

    Waters Rankings

  • 2014 – Best TCA System Provider

    Waters Rankings

  • 2014 – Best TCA Provider

    Waters Buy-Side Technology Awards

  • 2014 – #1 Outstanding TCA Provider

    The Trade Hall of Fame Awards, Europe

Corporate

  • 2014 – Diversify Achievement Award

    Trader’s Wall Street Women 2014

  • 2014 – SEGD Merit Award for Corporate Environmental Design

    Society for Experiential Graphic Design

  • 2014 – Best Interview Video

    Ragan Communications

  • 2013 – Charitable Works Award (ITG’s Holly Mitchell)

    Trader’s Wall Street Women

  • 2012 – Silver Clio Corporate Identity Design Award

    Clio Awards

Liquidity

  • 2016 – #1 in DMA and Canadian Electronic Trading

    Greenwich Associates, Canada

  • 2016 – #1 Canadian Algorithmic or Smart-Order Routing Trading

    Greenwich Associates, Canada

  • 2016 – Top 3 “First Choice” in Canadian Portfolio Trading

    Greenwich Associates, Canada

  • 2016 – #1 Penetration in Canadian Equity Trades Sent to Crossing Networks

    Greenwich Associates, Canada

  • 2016 – #1 in Algorithmic Trading

    Greenwich Associates, Canada

  • 2016 – # 1 Canadian Equity Electronic Trading Relationships vs. Canadian Equity Electronic Trading Quality

    Greenwich Associates, Canada

  • 2016 – #1 in overall penetration in Canadian Electronic Trading

    Greenwich Associates

  • 2015 – #1 in Commission Sharing Arrangements

    Greenwich Associates

  • 2015 – Most Competitive Commission Rates for International Agency Trades Among Large Institutions

    Greenwich Associates

  • 2015 – Best Pre- and Post-Trade Domestic Portfolio Analytical Support/Modeling

    Greenwich Associates

  • 2015 – Best Pre- and Post-Trade Analysis for Algorithmic Trades

    Greenwich Associates

  • 2015 – Best Overall Electronic Trading Quality Among Pensions & Endowments

    Greenwich Associates

  • 2015 – Best Electronic Trading for Domestic Portfolio Trades

    Greenwich Associates

  • 2015 – #1 US Equity Brokerage

    Elkins McSherry Survey

  • 2015 – #1 for Electronic trading quality and client service

    Greenwich 2015 survey of Asian investors, priority accounts

  • 2015 – #1 Penetration in Canadian Equity Trades Sent to Crossing Networks

    Greenwich Associates

  • 2015 – Best Algorithms for hedge funds

    The Trade Broker Roll of Honour

  • 2015 – #1 Overall for European Electronic Trading Quality

    Greenwich Associates Europe

  • 2015 – Best Asian Equity Electronic Trading Quality

    Greenwich Associates

  • 2015 – Best Overall Satisfaction with Asian Equity Electronic Trading Client Service Among Large Accounts

    Greenwich Associates

  • 2015 – #1 in Overall Penetration in Canadian Electronic Trading

    Greenwich Associates

  • 2015 – #1 in DMA and Canadian Electronic Trading

    Greenwich Associates

  • 2015 – Broker Roll of Honor for Asia Algorithms – Cost & Commission

    The Trade Asia

  • 2015 – #1 in Canadian Algorithmic or Smart-Order Routing Trading

    Greenwich Associates

  • 2015 – #1 in Algorithmic Trading

    Greenwich Associates

  • 2015 – #1 for Best Pre- and Post-Trade Analysis for Algorithmic Trades

    Greenwich Associates Europe

  • 2015 – #1 for Best Electronic Portfolio Trading

    Greenwich Associates Europe

  • 2015 – Broker Roll of Honor for Asia Algorithms – Price Improvement

    The Trade Asia

  • 2015 – #1 for Best Dark Pool Liquidity Sourcing Algorithms

    Greenwich Associates Europe

  • 2015 – #1 Canadian Equity Electronic Trading Relationships

    Greenwich

  • 2015 – #1 FIX Platform

    Forefactor Inc., Canada

  • 2015 – Broker Roll of Honor for Asia Algorithms – Crossing

    The Trade Asia

  • 2015 – #1 among Greenwich Priorities for Equity Algo/Smart Order Routing Trades

    Greenwich Associates Europe

  • 2014 – Most Important Relationships in Equity Algorithmic Trading and Smart Order Routing

    Greenwich Associates, Canada

  • 2014 – Most Important Crossing Network Relationship

    Greenwich Associates, Canada

  • 2014 – Most #1 Citations of Any Sell-Side Firm

    Greenwich Associates, Canada

  • 2014 – Canadian Equity Portfolio Trading – Most #1 citations

    Greenwich Associates, Canada

  • 2014 – Best US Equity Commission Management Service & Execution Quality among Large Institutions

    Greenwich Associates

  • 2014 – Best Overall Electronic Trading for Domestic Portfolio Trades

    Greenwich Associates

  • 2014 – Best International Portfolio Trading Sales Professionals

    Greenwich Associates

  • 2014 – Best for Reducing Market Impact

    Trade Asia Algorithms Award

  • 2014 – Best Dark Pool Access

    The Trade – Leaders in Trading 2014

  • 2014 – Best Customization

    The Trade – Leaders in Trading 2014

  • 2014 – Best Algorithms and Best Sales for Electronic Offerings

    Greenwich Associates, Canada

  • 2014 – #1 in Satisfaction with Electronic Trading Client Services

    Greenwich Associates, Canada

  • 2014 – #1 in Penetration in Canadian Equity CSA Program

    Greenwich Associates, Canada

  • 2014 – #1 in Overall Penetration in Canadian Equity Electronic Trading

    Greenwich Associates, Canada

  • 2014 – #1 Among Mutual Funds for Penetration in U.S. Equity Electronic Trading

    Greenwich Associates

  • 2014 – #1 Among Investment Managers for Overall Electronic Trading Quality

    Greenwich Associates

Workflow Technology

  • 2015 – #1 FIX Platform

    Forefactor Inc., Canada

  • 2015 – Most Competitive Commission Rates for International Agency Trades Among Large Institutions

    Greenwich Associates

  • 2015 – Best New Product (ITG Hedge Fund Solution)

    Wall Street Letter

  • 2015 – #1 in Commission Sharing Arrangements

    Greenwich Associates

  • 2014 – Best New Product – Connectivity (ITG RFQ-hub)

    Futures & Options World Asia

  • 2014 – Best Equities Trading Platform – Broker

    Wall Street Letter

  • 2014 – Best Equities Trading Platform – Broker

    Wall Street Letter

  • 2014 – Alternative Trading System of the Year

    The Asian Banker Financial Markets Awards

From the Blog

September 01, 2016

A Side-by-Side Comparison Between ITG’s Size-Adjusted Spread Cost Estimates and the “True” Realized Costs of Institutional Investors

ITG’s size-adjusted spread (SaS) cost estimates provide guidance on the anticipated costs associated with instantaneous spot trade executions, measured relative to the prevailing mid-quote rate at the trade time. The underlying data for our model contains dealer quotes from 6 global banks and 5 major ECNs. By varying the manner in which we consolidate the limit order book across trading venues / liquidity providers, we are able to reflect different trading styles and credit tiers as well as varying degrees of sophistication of market participants. The use of the empirical limit order book enables us to construct cost estimates for instantaneous trading at various consolidation levels, deal sizes, as well as at various times of the day.

Onur Albayrak

Researcher, Financial Engineering

Milan Borkovec

Managing Director, Head of Financial Engineering

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