ITG launches Dark Algorithm in Europe

Investment Technology Group, theNew York-based provider of technology-based equity trading services, has added its ITG Dark Algorithm to its suite of algorithmic trading tools in Europe. The ITG Dark Algorithm provides access to multiple dark venues - both POSIT, ITG's suite of crossing products, and third-party destinations. The algorithm is designed to seek out hidden liquidity in the dark universe with minimal information leakage and provides execution inside the bid/offer spread. ITG's a