Markets Media | February 09, 2017
ITG’s block crossing network set a trading record last month as the agency broker prepares for new regulations which limit trading volumes in dark pools from 2018.
Rob Boardman, European chief executive of ITG, told Markets Media: “European equities volumes in dark pools have been rising and will become a premium after MiFID II. We have been taking preparatory steps for the dark volume caps by finding larger orders so they can trade under the large in scale waiver.”Read more >
Pensions & Investments | January 31, 2017
New SEC liquidity rule could benefit investorsRead more >
The Securities and Exchange Commission has voted to adopt new rules affecting the management of liquidity risk in mutual fund portfolios. The rules are set to take effect in late 2018 for most mutual fund managers, with smaller managers (those with less than $1 billion in under management) given until mid-2019 to comply. While these regulations will impose restrictions on what assets funds can hold and in what quantities, we believe funds that adapt appropriately will be rewarded with lower transaction costs and higher returns for their investors.
Automated Trader | January 30, 2017
ITG expands block crossing network to 37 countries worldwide.Read more >
January 26, 2017
Traders Magazine | January 25, 2017
ITG’s analysis, which draws on its proprietary Global Peer database of tick pilot trading by more than 100 institutional investors, finds that trading costs since the pilot launched in October 2016 are almost 50% higher, on average, compared with the control group. Costs for the control group are up 43% since the start of the tick pilot due to changing market conditions, but costs for Groups 1 through 3 in the pilot are up far more – an average of 91% since the start of the pilot.Read more >