ITG Aims For The End Of Year Launch For European Version Of Posit System
TRADING LINKS
LONDON--Investment Technology Group is confident it will meet its scheduled year-end launch of a European version of its Posit alternative trading system, according to Alasdair Haynes, managing director of ITG Europe. Most of the technical issues have been addressed, and now ITG is waiting for the final go ahead from regulators in the UK and Ireland, where the company is licensed.
"We're trying to target the fourth quarter," Haynes says. "We're just waiting to hammer out the details." ITG Europe
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