ITG Launches Enhanced US Smart Order Router

Delivers 35% Average Size Improvement over Displayed Quantity NEW YORK, July 06, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of a newly enhanced version of its smart order router. In early tests, ITG’s smart order router (SOR) returned 35% size improvement over the displayed quantity and $0.0015 per share price improvement if routed to dark and lit venues*. “This enhanced smart order router delivers market-leading size and price improvement, plus customization and transparency features, giving clients more control,” said Raj Jain, Head of  U.S. Liquidity Products at ITG. “It offers multi-broker condi...