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ITG Launches PowerMatch for POSIT Alert

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NEW YORK, May 24, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of PowerMatch and PowerScore, new features on ITG’s block crossing network, POSIT Alert®. PowerMatch is the exclusive pairing of POSIT Alert participants who are highly ranked according to their trading behavior. The feature rewards POSIT Alert’s highest-performing users with notification of larger trading opportunities. All POSIT Alert participants are given a PowerScore from 0 to 100, representing an average of several block crossing participation factors, weighted to reflect relative importance. The highest scores are given to traders wh...

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