ITG Names Frank Troise as CEO

Troise brings extensive experience in electronic trading to ITG. From 2010 until October 2015, Troise was a managing director at JP Morgan, most recently serving as head of JP Morgan Execution Services, a global multi-asset electronic execution group within the investment bank. Prior to JP Morgan, he was global head of electronic trading at Barclays Capital and head of US electronic execution at Lehman Brothers.

Before joining Lehman Brothers, Troise spent eight years at ITG, where his duties included serving as managing director in charge of client site sales and trading. Prior to ITG, Troise worked in management consulting roles at Booz Allen and Accenture. He has also served as a director on a number of boards, including BIDS Holdings, Chi-X Global Holdings and Neovest.

"I am thrilled to be returning to ITG, a firm which I know firsthand is relentlessly focused on providing world-class customer service and best execution." says Troise. "I look forward to building on the achievements of the past 28 years as we reaffirm our position as an industry leader in innovation and a key partner to the institutional investment community."

"After a thorough and careful search process, the ITG Board chose Frank as the right candidate to lead ITG at this pivotal time." adds Maureen O'Hara, chair of the board of directors at ITG. "Frank brings extensive experience in vision, strategy, and delivery. He is a well-known industry expert with an impressive track record of growing electronic trading operations, establishing strong client relationships, and building and leading talented teams."