New ITG App Forecasts Deviations in Volatile Market Conditions

The Smart Market Indicator Forecast app will generate intraday forecasts to help traders anticipate spreads and volatility.

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ITG is based in New York.

ITG released its Smart Market Indicator Forecast app, part of its online analytics incubator, which takes into account historical average values and recent volume profiles when building its forecasts.

The tool aims to help traders set a more accurate price and even adjust their trades, according to ITG managing director and head of analytics, Ian Domowitz.

"Traders are always looking for such information; these statistics actually influence trader behavior," Domowitz tells WatersTechnology.

The

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