Following is an excerpt from a letter to Investment Management Technology from James Lynch, general counsel from ITG. The letter responds to a story in IMT's June 21. Headlined "Canadian Crossing Net Eyed for Web; Jefferies Has Stake," the story discussed the planned launch of an equity crossing network for Canada.
Lynch writes: "ITG Inc. as the operator of Posit (an intraday equity stock crossing system), would like to clarify that certain statements in the article that are attributed to Joh
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails