Algos

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. Our algo 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.

SLimit, built into existing ITG algos, 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 Prism.*

Monitor every step your ITG algo takes with 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), and SOR (aggressive, efficient fills).

Thinking

To BIVA or to BMV: That Is the Question

BIVA, ready to step in as Mexico's newest exchange, is betting that its technology will convert investors.
Access to Mexico’s equity markets via the national exchange Bolsa de Valores (BMV) experienced several significant and disruptive infrastructure issues over the course of 2016. Highlighting the need for venue competition, local regulators are backing the creation of the Bolsa Institutional de Valores (BIVA)—an alternative venue serving domestic and international investors. BIVA is currently awaiting approval from the Ministry of Finance, expected this month, and anticipates a 3Q17 launch date. If successful, BIVA will be the first competitive exchange for LatAm markets.

RECENT AWARDS

  • 2014 – Best Equities Trading Platform – Broker

    Wall Street Letter
  • 2014 – Alternative Trading System of the Year

    The Asian Banker Financial Markets Awards

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