Milan Borkovec

Managing Director, Head of Financial Engineering

Milan Borkovec joined ITG's Financial Engineering department in 2001 as research analyst and since 2006 has headed the department. Mr. Borkovec holds a PhD from the Munich University of Technology and taught at Cornell where he originated new research in credit risk modeling and pricing of derivatives, heavy-data traffic modeling as well as asymptotic theory of sample autocovariance and autocorrelation functions of financial time series.

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Yossi Brandes

Managing Director, Head of Analytical Products and Research in EMEA

Yossi Brandes is responsible for business development in EMEA and manages ITG’s analytical products and research group in the UK. He has coauthored articles on market microstructure, transaction costs, algorithms measurement, and portfolio construction. Mr. Brandes has held a number of other positions within ITG, including Head of Trading Analytics.

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Doug Clark

Managing Director, Research

Doug Clark has more than 17 years experience in the financial services and investment industry and is one of the original team members of ITG Canada when the Canadian operations were launched in 2000.  In his current position he is responsible for research relating to index, ETF, market structure, liquidity events and market impact.

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Jim Cochrane

Director, Analytics

Jim Cochrane joined ITG in 2012 as product manager for the firm’s Transaction Cost Analysis offering for Foreign Exchange. Previously, he was a senior foreign exchange analyst for emerging markets at Thomson Reuters and held institutional FX sales roles at Citibank, Deutsche Bank, Royal Bank of Scotland, and Standard Chartered banks. He began his financial services career at Merrill Lynch where he helped design and build their first emerging markets FX and fixed income database.

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Ian Domowitz

Managing Director, Head of Analytics

Ian Domowitz manages ITG’s analytical research products. Prior to joining ITG in 2001, he served as the Mary Jean and Frank P. Smeal Professor of Finance at Pennsylvania State University. Mr. Domowitz has also held positions with Northwestern University, Kellogg Graduate School of Management, Columbia University, the Commodity Futures Trading Commission, the International Monetary Fund and the World Bank.

Recent Thought Leadership:

Ofir Gefen

Director, Head of Research and Algorithm Consulting in Asia Pacific

Ofir Gefen is Director and Head of ITG’s Research & Algorithm Consulting Group in Asia Pacific. In this role he oversees client consultation around strategic trading techniques and manages ITG’s world-leading analytics reports and products including ITG TCA and ITG Smart Trading Analytics.

Recent Thought Leadership:

Sean Hefkey

Director, Foreign Exchange

Sean Hefkey joined ITG’s Canadian team in 2011.  Prior to joining ITG, Mr. Hefkey was Executive Director, Electronic Solutions Group at CIBC World Markets.  While at CIBC he held a number of roles including Head of FX Ecommerce and was a member of the FX management committee for over 10 years.  Mr. Hefkey is also a Chartered Financial Analyst.

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Duncan Higgins

Director, Head of Electronic Sales in EMEA

Duncan Higgins joined ITG in January 2010 and is responsible for the sales of algorithmic execution, electronic liquidity access products, and the Triton EMS for European markets.  Prior to ITG, Duncan was at Turquoise, leading the Sales and Marketing teams.  He also spent nine years representing UBS on the boards of BOAT and Turquoise.

Recent Thought Leadership:

Clare Rowsell Witts

Director, Head of Client Relationship Management & Marketing in Asia Pacific

Clare Rowsell is responsible for the strategy and implementation of ITG’s interaction with institutional clients, regulators, exchanges and the media across the Asia Pacific region. She also runs ITG’s Commission Management and CSA program in Asia and Australia.

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Jamie Selway

Managing Director, Head of Electronic Brokerage and Sales

Mr. Selway is responsible for ITG’s POSIT® crossing network, as well as the firm’s smart routing, algorithmic trading, and derivatives businesses, and oversees the associated sales and support teams. He also provides ITG clients with analysis of global structural and regulatory developments. Prior to joining ITG Mr. Selway was Co-Founder of White Cap Trading. He previously served as Chief Economist at Archipelago and worked in equity derivatives research at Goldman Sachs.

Recent Thought Leadership:

Juan Pablo Urrutia

Director, General Counsel in EMEA

Juan Pablo joined ITG in April 2011 to head legal and compliance in the EMEA region. Prior to ITG, Mr. Urrutia spent five years at Goldman Sachs in positions including Executive Director leading the cash equities sales and trading team in the EMEA Legal Department and more recently, as acting Co-Head of Government Affairs for EMEA.

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