ITG Launches Volume Participation Forecasting Tool

NEW YORK, Sept. 27, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of the Volume Participation Forecaster App, an online tool that aims to answer essential single-day trading questions by forecasting market volumes every 15 minutes during the trading day. The application uses data from recent market conditions along with historical average values to forecast how quickly those conditions are likely to return to their median values. “Accurate forecasts of market conditions allow buy and sell-side traders to adjust their strategies to improve trading performance,” said Ian Domowitz, Head of Analytics at ITG...