Iress Takes First Step via ITG JV

VENDOR UPDATE

MELBOURNE—Australian trading software vendor Iress Market Technology has taken its first step in readying its software for the Canadian marketplace under a joint venture (JV) established this past April with Toronto-based ITG Canada, a subsidiary of Investment Technology Group (ITG).

The JV is intended to establish "Iress-like" integrated execution, order routing and market data services for the Canadian market. In fact, Iress is offering a perpetual and royalty-free license to users of Iress

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