NEW YORK, Sept. 21, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today provided an update on its PowerMatch functionality, which provides POSIT Alertâs highest-performing users with notification of larger trading opportunities. PowerMatch is delivering average block sizes of 66,000 shares in the U.S. and 85,000 shares in Canada, about 2x larger than average human trade sizes in POSIT Alert overall. For small-cap names, PowerMatch offered average block sizes equal to 39% of average daily volume (ADV) in the U.S. and 27% of ADV in Canada during the month of August 2016. PowerMatch notifications are available to all POSIT Alert par...
↧