HONG KONG, Oct. 28, 2012 /PRNewswire/ -- ITG (NYSE: ITG), a leading execution and research broker, today announced that it was named Best Agency Broker in the AsianInvestor 2012 Service Provider Awards. The award winners were selected from a shortlist based on a survey of buy-side traders from more than 65 institutional investment firms trading in the Asia Pacific region.
"We are very proud to be recognized as the best agency broker in Asia. ITG's unconflicted business model is at the heart of what we do and reflects our focus on servicing institutional investors and consistently delivering best execution," said Michael Corcoran, ITG's Head of Asia Pacific Sales and Trading. "In this current environment, buyside traders need increasing transparency and accountability from their brokers and this award reflects ITG's long-standing commitment to finding liquidity, improving trading efficiency and reducing transaction costs for our Asia Pacific clients."
ITG's global capabilities include algorithmic trading in 35 markets and POSIT Marketplace® in 27 markets including Hong Kong, Japan, Australia and Indonesia. So far in 2012, POSIT Marketplace is delivering average price improvement of 11 basis points on trading in the Asia Pacific region. For more information about ITG's full suite of award-winning capabilities, contact firstname.lastname@example.org.
ITG is an independent execution and research broker that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.
ITG Media Contacts:
Clare Rowsell, ITG
J.T. Farley, ITG
+852 2846 3567
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