ITG Launches Dark Algos in Europe
ITG Dark Algorithm seeks out hidden liquidity in the "dark" universe with minimal information leakage and provides execution inside the bid/offer spread, officials claim. The firm's proprietary anti-gaming logic is embedded in the new offering, allowing traders to search for alternative liquidity without having to micro-manage orders.
Traders can adjust their level of participation, depending on the degree of urgency required, explain officials.
In addition, clients can access the liquidity
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