Consumers will also gain access to Investment Technology Group’s (ITG) SmartServer algorithms directly from the Charles River Trader blotter.
Channel ITG is a tool that traders can set to automatically sweep orders from Charles River Trader blotters to Posit, an equity matching system, and TriAct, which offers continuous equity trading with three paths to execution.
ITG SmartServers serve the algorithmic trading market, which automates the trading process for securities that are easier to buy and sell, allowing traders to focus on securities that are more difficult to trade. ITG said its SmartServer algorithms systematically place orders into the market that match client benchmarks and trading objectives.
