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ITG's Portrait Brings Electronic Portfolio Trading to Europe

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LONDON--ITG Europe, whose Posit equities crossing system has been operating for the last two years in Europe, has recently branched out into the portfolio trading business. ITG in the US has been trading domestic equity portfolios for some time, but the European equity effort only launched in October.

Earlier this month, Alasdair Haynes, chief executive of ITG Europe, credited Portrait's portfolio trading with contributing a significant increase in volume traded in the UK equities market via

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