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Pohjola Asset Management and ITG Announce New Smart Routing and Algorithmic Trading Service

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LONDON and HELSINKI, Nov. 7, 2011 /PRNewswire via COMTEX/ --Investment Technology Group (ITG), Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, and Pohjola Asset Management (PAM), Finland's leading fund manager, today announced the launch of a Smart Routing and Algorithmic Trading Service. The product is a result of the collaboration between the two companies which sought to create a low cost, highly efficient execution facility that delivers dramatically improved trading performance. This superior new offering will also be made available to third party institutional traders. The project, which combined PAM's execution know-how and ITG's market-leadin...

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