ITG agrees to $12 million dark pool settlement
SEC hands ITG $12 million fine for disclosing information on client activity within POSIT to HFTs and misleading investors on how the dark pool operates.
Tag: Posit
ITG rolls out conditionals for POSIT Alert block trading in Asia
POSIT Alert conditional orders are already available in Europe, the Middle East and Africa, and the US.
ITG warns of potential $12 million US dark pool settlement
ITG said in its second quarter earnings report that the SEC is investigating POSIT and could hand the broker a $12 million fine.
Block trades peak making up over half of dark trading volumes
Block trades accounted for a record 51.9% of dark trading last week, according to statistics from Fidessa.