This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ITG Adds Singapore To Asia Pacific POSIT® Coverage

Stocks in this article: ITG

HONG KONG, May 21, 2013 /PRNewswire/ -- ITG (NYSE: ITG), a leading independent execution and research broker, today announced the addition of Singapore trading to the award-winning POSIT ® crossing network.  This is the third Asia Pacific market to be added within nine months, reflecting the ongoing demand for crossing tools in Asian markets and reinforcing ITG's global commitment to sourcing quality liquidity for institutional investors.  The POSIT suite, including POSIT Marketplace dark aggregation and the POSIT Alert ® block crossing platform, are now available for trading equities in Hong Kong, Australia, Japan, Indonesia, Malaysia and Singapore as well as 21 EMEA countries, the U.S and Canada.

(Logo: )

"The Singapore market can present challenges for institutional traders given the relatively concentrated equity market and high spreads," said Ofir Gefen, Head of Electronic Brokerage for ITG in Asia Pacific. "The launch of POSIT in Singapore generates new opportunities for buyside traders to source block liquidity among their peers. This is more important than ever as we see turnover rising across the region and growing interest in Asian investment both within the region and from international investors."

Also commenting on the launch, ITG's Head of Electronic Brokerage, Jamie Selway, said, "The Singapore launch marks an important milestone in the continued global expansion of POSIT Alert, which is a key source of quality block liquidity for institutional investors.  We plan to roll out POSIT Alert to additional markets in Asia Pacific and other regions in 2013."

Asia Pacific volumes executed through POSIT and POSIT Marketplace increased by over 40% in the first quarter of 2013 compared to the fourth quarter of 2012.  Year-to-date the platform is delivering average price improvement of 10 basis points in developed markets and 40 bps in emerging markets. 

For more information about accessing POSIT and ITG's full suite of global liquidity management capabilities, contact

About ITG

ITG is an independent execution and research broker that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit

Media Contacts:

Clare Rowsell, ITG                       +852 2846 3567                                                                                                                              

J.T. Farley, ITG+1 212 444 6259


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs