Transparency

Foundation of integrity and transparency

For the past three decades, our mission as an independent broker-dealer and financial technology innovator has been to help leading brokers and asset managers improve returns for investors around the world. With a focus on best execution, we’re committed to helping clients analyze the effectiveness of their trading capabilities. In today’s complex market environment, transactional transparency is an increasingly important part of execution performance. ITG is focused on providing industry-leading transparency and quality liquidity and providing our institutional clients with innovative anti-gaming methodologies.

See how POSIT operates

From being one of the first US dark pools, with the first trade done more than three decades ago, POSIT is now an equity crossing venue that extends across the world—as an ATS in the US, a dark pool and periodic auction MTF in Europe, and a dark pool in Asia Pacific. POSIT is designed to help ITG clients find liquidity and is available in 33 countries worldwide.

Learn more about how our POSIT operates across regions below.

Watch our algorithms at work

ITG was the first to open a real-time window into the strategies of our algorithms (and smart routers), allowing clients to clearly see every decision made with their orders. Prism allows traders to track the real-time progress of orders.

Prism displays the order plan and any deviations, as well as information on real-time child order venues, price limits, average fill prices by market center and order type, and estimated order finish time. When trades are filled, Prism provides detailed execution venue reports—daily, weekly or at customized intervals.

Get a close-up view of execution data

ITG routinely populates FIX tags with labels such as “executing broker,” “capacity” and “maker/taker.” Traders using ITG’s algos, smart routers or ITG Net can receive detailed, granular execution reports on this FIX-generated data. Learn more >

Get a window into your trading results

A pioneer and continuing innovator in transaction cost analysis, ITG measures costs incurred throughout the investment process—from portfolio manager to trader to broker. Our data and tools bring an unprecedented level of transparency to equities, foreign exchange and fixed income markets.

ITG’s TCA assesses trading performance and implicit costs under various market conditions, enabling clients to see how to adjust trading strategies, reduce trading costs, boost fund performance and potentially improve fund rankings.

See—and compare—the quality of your executions

ITG’s Global Peer analytics uses proprietary transaction data from more than 200 leading asset managers. Each stage of the investment process is compared to that of industry peers trading under the same conditions. Data-driven insights from the Global Peer database help systematically assess the quality of executions. See more insights in our quarterly global cost review >

In the
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RECENT AWARDS

  • 2015 – Best Algorithms for hedge funds

    The Trade Broker Roll of Honour
  • 2015 – #1 among Greenwich Priorities for Equity Algo/Smart Order Routing Trades

    Greenwich Associates Europe