NEW YORK, July 19, 2013 /PRNewswire/ -- ITG (NYSE: ITG), an independent execution and research broker, today announced that it has been recognized by two leading industry publications for its best-in-class offerings.
ITG was named Best Agency Brokerage in the 2013 Waters magazine rankings, which highlight technological excellence in the global financial services industry. The award was based on a poll of the magazine's 10,000 readers, including representatives from buy- and sell-side firms, as well as brokerages and exchanges.
ITG TCA® for Foreign Exchange also won the inaugural award for Best Transaction Cost Technology in the 2013 e-FX awards presented by FX Week, the leading publication for the foreign exchange industry. ITG TCA for FX was chosen based on recommendations from buyside traders, who commended the platform for its broad database, which leverages transaction information from 10 different providers across the FX industry.
"Throughout our 26-year history, ITG has strived to establish trusted relationships with institutional investors and to provide them with cutting-edge tools and services to help improve investment performance," said ITG Chief Executive Officer and President, Bob Gasser. "These awards for Best Agency Broker and Best FX TCA Provider recognize the strength of our unconflicted agency model as well as our ability to develop innovative new offerings across asset classes."
In addition to the Waters and FX Week awards, ITG's execution, analytics, platform and investment research solutions have won accolades worldwide from buy-side surveys, independent research firms and prominent industry publications. For more about ITG's recent awards and the firm's full capabilities, visit www.itg.com/about-itg/awards/.
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 Contact:
J.T. Farley (212) 444-6259 email@example.com