Algorithms

Automate and aggregate, while delivering quality

We designed our automated trading strategies to reduce market impact, maximize execution quality, and improve trading performance, whether you’re trading single stocks or lists. The ITG Algorithms suite includes algorithms for trading equities, derivatives, and foreign exchange, and also provides direct access to the rich, diverse liquidity in POSIT, as well as a range of other liquidity sources.

POSIT Marketplace, our dark aggregation algorithm, simultaneously accesses all of ITG’s liquidity and lets you cross anonymously with quality liquidity pools across small-, mid-, and large-cap stocks.

While we offer a full complement of algos to support just about any trading strategy, our product team can also build or customize an algorithm for your use, tailored to your trading style, risk profile, and workflow.

ITG Smart Limit Algorithm, built into existing ITG algorithms, helps you avoid adverse selection and gaming, while it quickly and intelligently routes your orders to multiple exchanges.

TRANSPARENCY IS BUILT IN

ITG is the only algorithm provider that gives you a real-time window into the actions behind all our algorithms. Our unique approach to transparency ensures you know exactly what our algorithms plan to do, before they do it, and then allows you to monitor progress against those expectations in real time via ITG Algorithms Prism.*

Monitor every step your ITG Algorithm takes with ITG Algorithms Prism.

*Currently available for US algorithms

Equities

We have an algorithm to support almost any single stock or portfolio trading strategy in popular use, plus some proprietary algorithms you won’t find anywhere else. Whether your strategy is opportunistic, based on implementation shortfall, or participation-based, we have different algorithms for trading equities, many of which lead the market in: 

  • Capturing liquidity
  • Reducing costs
  • Trading pairs
  • Timing trades
  • Preventing information leakage
  • Protecting against gaming

Derivatives

We offer industry-leading algorithms for trading Futures and Options, including algos that support Float, Direct Market Access, and Dynamic Implementation Shortfall (DIS) strategies.

Foreign Exchange

Our strategies for FX trading include innovative algorithms that support Float (passive fills at or below your price limit), TWAP (passive fills on schedule), SOR (aggressive, efficient fills), and POSIT FX (anonymous peer-to-peer matching at the midpoint).

Thinking

Q3 2016 Updates to APAC Market Structure

-How has the Hong Kong close auction session affected market volume profiles and end-of-day volatility? -Has Korea’s market hours extension resulted in more trading? -What has been the industry response to Hong Kong’s listing consultation and India’s algo trading review?

RECENT AWARDS

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

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

    Greenwich Associates Europe

PRODUCT FINDER

Select product attributes from the lists below: