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A New Era in Europe: The days of ECNs and crossing networks have come to the continent.

Traders Magazine, March 2003

Joe Kolman

It is the best of times for ITG Europe. The Dublin-based subsidiary of Investment Technology Group, which operates the POSIT crossing network, ended the last quarter with record earnings. By industry standards, ITG Europe's revenues were modest. Total revenues for 2002 were GBP12.1 million compared to GBP11.5 million (U.K.) for the previous year.

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