ITG Launches Trading Cost Index, App


The gauge, dubbed ITG Trading Cost Index, can be accessed for free at ITG's website, as well as via Liquidity Metrics─the company's first mobile application, also launched today─which monitors trading costs across Europe, Canada, the US and Asia Pacific.

ITG officials say the app tracks implicit trading costs─also known as slippage─such as the price movement of a stock when someone tries to trade it in large order. The data, which ITG measures in basis points on the valu

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