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ITG Launches FX Trading Cost Index Application

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New Analytical Tool Provides Liquidity Costs for 20 Currency Pairs NEW YORK, July 15, 2014 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading execution and research broker, today announced the launch of the ITG FX Trading Cost Index Application, an innovative new tool for Foreign Exchange traders and portfolio managers. Updated daily, the ITG FX Trading Cost Index estimates the average cost of liquidity for 20 common currency pairs, taking into consideration the intended time of trade and notional trade value. The index also provides dealer and ECN calculations based on historical costs, adjusted for recent trends in cost levels and implied volatility. "The ITG FX Trading Cost Index Applicat...

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