ITG’s POSIT Alert Delivers Enhanced Block Liquidity with PowerMatch

[kreslik.news]

ITG, an independent broker which provides liquidity, execution, analytics and workflow solutions to asset management and brokerage firms, today provided an update on its PowerMatch functionality, which provides POSIT Alert’s highest-performing users with notifications of larger trading opportunities.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

In its statement, the firm said that PowerMatch is delivering average block sizes of 66,000 shares in the US and 85,000 shares in Canada, about twice as large as average human trade sizes in POSIT Alert overall.

For small-cap names, PowerMatch offered average block sizes equal ... (read more)