ITG Europe Adds Continuous Cross to Posit Liquidity Pool
At 01 Feb 2007 11:36:53 in ET-Liquidity Pools, Electronic Trading
ITG Europe plans to launch Posit Now this month, adding continuous intraday crossing to its Posit Match crossing system, which currently offers eight crosses per day. The move is aimed at providing instant access to liquidity that otherwise must wait for the hourly Posit cross before it is matched, a step that makes the dark liquidity pool more accessible to firms as they implement their best execution policies under the pending Markets in Financial Instruments Directive (MiFID).
You must login and be a subscriber to see the rest of this article.















