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 Introduces ITG Dynamic Implementation Shortfall Algorithm 2.0

NEW YORK, July 16, 2013 /PRNewswire/ -- ITG (NYSE: ITG), an independent execution and research broker, today announced the release of the new ITG Dynamic Implementation Shortfall Algorithm 2.0 (ITG DIS 2.0), a powerful tool for portfolio traders.  ITG DIS 2.0 builds on the success of the original Dynamic Implementation Shortfall Algorithm, which was created to execute portfolio trades in a coordinated, cost-effective manner.  ITG DIS 2.0 offers enhanced optimization capabilities that can handle even imbalanced and illiquid portfolio trades.  ITG DIS 2.0 incorporates intraday patterns in cost and risk to formulate its trading strategy and dynamically updates its strategy as conditions change over the execution horizon.

(Logo: http://photos.prnewswire.com/prnh/20120123/NY39237LOGO )

"ITG Dynamic Implementation Shortfall Algorithm 2.0 gives traders a state-of-the-art tool to execute portfolio trades efficiently.  The algorithm dynamically adjusts its strategy in real time as the market environment changes and is able to prudently manage risk while trading opportunistically," said Jeff Bacidore, ITG Managing Director and Head of Algorithmic Trading.  "And despite its sophistication, ITG DIS 2.0 is available via an intuitive graphical user interface, creating a streamlined workflow for portfolio traders."

ITG DIS 2.0 and ITG's full suite of algorithms are available via ITG's award-winning Triton ® execution management system and also via FIX connection to ITG from third-party trading systems.  ITG DIS 2.0 is also employed by ITG's high-touch portfolio trading desk. Traders can use the web-based ITG Algorithms ® Prism tool to gain up-to-the-second visibility into the activity of each ITG algorithm, such as the predicted and realized schedules, fill details, and even the location, type and price of every open child order.

ITG's liquidity management solutions include industry-leading algorithms in 37 markets across the Americas, Asia Pacific and the EMEA region and POSIT ® dark crossing in 29 markets worldwide.  For more information about ITG Dynamic Implementation Shortfall Algorithm 2.0, please visit www.itg.com/lp/nextgenDIS/ or contact us at info@itg.com.

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 www.itg.com.

ITG Media/Investor Contact:

J.T. Farley (212) 444-6259 corpcomm@itg.com

SOURCE ITG

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!

COMPARE ALL SERVICES
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 16,985.61 +78.99 0.47%
S&P 500 1,972.83 +9.12 0.46%
NASDAQ 4,419.0340 +27.5710 0.63%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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