ITG Chooses Asset Control to Aid European Expansion


NEW YORK--The Investment Technology Group, the technology spinoff of broker Jefferies Group (Institutional Trading Technology, Apr. 3, 1998), has selected Asset Control data management solutions company to help ITG expand into the European market.

Henry Yegerman, product manager for TCA (Transactions Cost Analysis) at ITG, says that his company's aim is to minimize transaction costs. "In order to provide users with accurate pre- and post-trade cost analysis, ITG needs clean data, especially t