ITG Expands Latin American E-trading Services
Investment Technology Group (ITG), an agency broker and financial technology firm, is working in connection with Brazilian brokerage firm Ágora to offer direct market access (DMA) through its Triton execution management system to BM&F Bovespa, the Brazilian exchange and largest stock market in Latin America.
Additionally, ITG is developing a suite of algorithms tailored to the Latin American market.
“Our execution agreement with Ágora in Brazil is a significant step towards our goal of being a truly global partner to our clients,” said Robert Gasser, chief executive and president of ITG. “As the Latin American market continues to grow, we realise the importance of providing our clients with advanced trading tools to navigate the regional landscape.”
Along with Brazil, ITG also provides voice brokerage trading and execution services to Mexico’s Bolsa Mexicana de Valores, Latin America’s second largest stock exchange.