ITG Extends Posit Coverage to Thai Equities Market

ITG also to roll out PowerScore trading measurement system across Asia-Pacific region.

Asia technology
Posit Alert averaged more than $50 billion in indicated liquidity per day, including more than $6 billion in Asia-Pacific in 2016.

Agency brokerage and technology vendor ITG has added Taiwanese equities to its Posit and Posit Alert crossing platforms.

In addition to the introduction of Thai equities to Posit and Posit Alert, ITG is also implementing the PowerScore trading measurement system across the Asia-Pacific region.

"The addition of Thailand, a key Asia-Pacific market, makes Posit Alert's liquidity offerings even stronger. This expansion further demonstrates our commitment to providing a high-quality block crossing network for our clients around the world," said Ofir Gefen, co-head of execution services for ITG in Asia Pacific, in a statement. "There is a clear demand for block liquidity in the region, as demonstrated by our 66 percent growth in value traded in Posit Alert in 2016," he added.

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