Investment Technology Group
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| Public company | |
| Traded as | : ITG S&P 600 Component |
| Industry | Financial services |
| Founded | 1987 |
| Headquarters | New York City, USA |
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Key people
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Francis J. Troise (CEO), Minder Cheng (Chairman of the board), Steven Vigliotti(CFO) |
| Products | Brokerage, market technology |
| Revenue |
 US$559.8 million (2014)
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US $50.9 million (2014)
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| Total assets |
US $1,350 million (2014)
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| Total equity |
US $415.6 million (2014)
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Number of employees
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1,270 (2008) |
| Website | www.itg.com |
Investment Technology Group, Inc. is a United States-based multinational agency brokerage and financial markets technology firm aimed at a hedge fund and asset management clientele. One of the first suppliers of electronic trading services, ITG launched the industry’s second anonymous electronic trade matching system, POSIT, in 1987 (Instinet Cross was launched in 1986). ITG has since expanded its business to include tools for portfolio management, pre-trade analysis, order management, trade execution, and post-trade evaluation.
ITG is headquartered in New York City and has offices in locations including Boston, Los Angeles, Toronto, Chicago, London, Dublin, Tel Aviv, Madrid, Sydney, Melbourne, Hong Kong and Singapore.
ITG was founded in 1987 as a division of Jefferies to provide automated equity trading to institutional investors. That year, the company introduced POSIT, an anonymous electronic trade matching system, in conjunction with Barra. POSIT remains among the most widely used matching systems.
In 1990, ITG launched QuantEX, a high-end trading system for institutional traders integrating analytics, routing, and trade management. ITG began to provide clients with pre- and post-trade tools and analytics in 1992.
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Wikipedia