Buyside Crossing Network Accesses Scarce Block Liquidity in Region's Largest Market NEW YORK, Oct. 2, 2014 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent execution and research broker, today provided an update on POSIT Alert® Brazil, the first fully electronic block crossing network for Brazilian equities. Since the general release in late May 2014, the pool of liquidity in POSIT Alert Brazil has grown to a daily average of $200 million, with average executed trade size of approximately $900,000. POSIT Alert Brazil is not a dark pool; it employs ITG's advanced trade matching technology to execute crosses on Bovespa, adding to exchange liquidity. It is a modern version of the trad...
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