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ITG Launches New Dynamic Open Algorithm

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Accesses Crucial Opening Auction Liquidity While Minimizing Price Impact NEW YORK, March 6, 2012 /PRNewswire/ -- ITG (NYSE: ITG), a leading agency research broker and financial technology firm, today announced the release of the new ITG Dynamic Open Algorithm.  ITG Dynamic Open empowers traders to tap the liquidity available in the NYSE and NASDAQ opening auctions while minimizing price impact from over-participation.  ITG Dynamic Open is the first algorithm specifically tailored to the processes of each exchange, intelligently participating in auctions by employing data from the real-time imbalance feeds.  (Logo: http://photos.prnewswire.com/prnh/20120123/NY39237LOGO ) "The unce...

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