041006
BRIEF OBJECTS
MERRILLS, ITG PARTNER
Investment Technology Group (ITG) and Merrill Lynch will join forces to create a global block order crossing service called Block Alert, according to ITG. It will be powered by ITG's Posit crossing network and is set to roll out in the second quarter of this year. The support from Merrill Lynch will be "a major infusion" to ITG's liquidity pool, says Ray Killian, chairman, president and CEO of ITG, in a statement. The com bined effort will provide marketplaces in the U.S
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