New Tool Helps Retail Brokers Manage Passive Limit Order Placement NEW YORK, March 31, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading execution and research broker, today announced the launch of ITG Smart Limit Retail Algorithm (SLimit) a retail order-specific version of the innovative ITG Smart Limit Algorithm designed to improve passive trading performance in a highly competitive, fragmented market. ITG SLimit Retail routes passively priced orders, using real-time and historical indicators, to maximize the exposure of the order and increase its fill chances at various NMS-protected venues. The algorithm intelligently routes orders by considering both the order book queue and the fill ...
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