MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Investment Technology Group Inc.

reported what it describes as "record earnings on record number of shares crossed for the year 1995." The vendor said its 1995 Posit volume outdid its 1994 volume by 18 percent. The vendor also touted the fact that it had earnings of $14.9 million in 1995, as opposed to a net loss of $7.9 million in 1994. Posit revenues rose 19 percent year over year; Quantex revenues rose 21 percent.

Dow Jones Telerate and Liberty

, a Cedel Group company, have inked an agreement

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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