... by the firm to its clients that a subsidiary of the agency broker was trading against client orders within ITG's private stock trading venue, or "dark pool." The issue involved a trial market making program the ITG subsidiary, AlterNet, ran …
ITG operates an alternative trading venue that lets institutional traders such as hedge funds buy and sell stock anonymously and does not publish quotes. Hedge funds have gravitated toward these “dark pools” of liquidity because …
Following this news, the price of ITG common stock fell $5.64 per share, or 23.5%, to close at $18.36 per share on July …
... of an ITG market-making division that allegedly traded using information not available to other customers of ITG’s or private stock-trading system in 2009-11. The investigation was focused on a secret ITG trading program, code-named …
Imperial Tobacco Group stressed Wednesday that its U.S. subsidiary, ITG Brands LLC, is making “excellent progress ... was a 10-year moratorium on BAT buying additional Reynolds stock, there had been talk for a decade that BAT might …
Inc. subsidiary operated a proprietary trading operation in 2010 through mid-2011 inside of ITG's POSIT dark pool, a …
The settlement would be a record amount handed out by the SEC related to the operation of a private stock trading platform, or “dark pool.” ITG said the SEC was investigating a test program one of the firm’s subsidiaries ran from 2010 …
an ITG market-making division allegedly traded using information not available to other customers of ITG’s private stock-trading system during 2010-11. The company has been in settlement discussions with the SEC on the matter and said …