MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Investment Technology Group Inc.

reported what it describes as "record earnings on record number of shares crossed for the year 1995." The vendor said its 1995 Posit volume outdid its 1994 volume by 18 percent. The vendor also touted the fact that it had earnings of $14.9 million in 1995, as opposed to a net loss of $7.9 million in 1994. Posit revenues rose 19 percent year over year; Quantex revenues rose 21 percent.

Dow Jones Telerate and Liberty

, a Cedel Group company, have inked an agreement

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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