Innovative Algorithm Sources Quality Liquidity From Dark Markets NEW YORK, Oct. 15, 2014 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading execution and research broker, today announced the launch of the POSIT® Marketplace 3.0 algorithm, which combines ground-breaking technology and proprietary analytics to increase fill rates in non-displayed venues while filtering out potentially toxic liquidity. "POSIT Marketplace 3.0 represents a major advancement in dark trading capability," said Ben Polidore, Managing Director, Algorithmic Trading at ITG. "Built on a low-latency platform with direct connectivity to POSIT Alert and more than 25 execution venues, POSIT MP 3.0 employs machine learning te...
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