ITG Extends Euro Algorithms to New Markets

Rob Boardman, CEO of ITG Europe

New York-based Investment Technology Group (ITG) has announced the availability of its entire range of European algorithms to three new geographies—Israel, Hungary and Poland. This move brings to 21 the total number of European markets able to access the agency brokerage and financial technology firm's algorithmic suite.

According to ITG, this development coincides with MSCI Barra's announcement that Israel would be re-classified out of its Emerging Market indices and included in its MSCI World