Free Site Registration

POSIT Shoots for Blocks During Downtime

Traders Magazine, November 2008

James Ramage

ITG wants to increase liquidity for block trades at the most illiquid time of day: right after lunch. The agency brokerage and technology firm has introduced a new midday crossing session, called Power Match, to its dark pool suite to help its clients concentrate block liquidity in the early afternoon.

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?