POSIT Marketplace

Highlights
  • Full transparency for trades
  • Buyside liquidity contributed from POSIT Alert indications-based crossing
Markets Served
  • United States

    POSIT MarketplaceSM is the single source to access ITG’s liquidity offerings, giving clients a seamless way to cross anonymously with quality liquidity pools. POSIT Marketplace provides direct access to POSIT, ITG’s long-trusted buyside liquidity pool. With ITG’s proprietary Liquidity Filter, trades are proactively protected against toxic liquidity.

    Key Benefits
    • Protects against gaming—POSIT Marketplace uses a proprietary Liquidity Filter to extract quality liquidity from various dark pools, proactively minimizing information leakage and protecting against gaming.
    • Boosts liquidity—POSIT Marketplace brings all of ITG’s liquidity together in one place, across small-, mid-, and large-cap stocks. POSIT is one of the largest buyside-to-buyside liquidity pools in the industry, enabling traders to get more trades done.
    • Reports trade executions—As an agency broker, ITG offers full transparency, providing clients with a POSIT Marketplace Report Card to evaluate the performance of each dark venue.
    • Streamlines workflow—The simplicity of POSIT Marketplace provides traders end-to-end process integration and more crossing opportunities. Traders can interact with standing orders in the system, ITG Algorithms®, market-bound flow, and unplaced shares from the trading blotters of POSIT AlertSM participating clients.
    • Ensures confidentiality—POSIT Marketplace offers complete privacy, using a proprietary algorithm to match buy and sell orders without human intervention.
    POSIT AlertSM Indications-Based Crossing

    POSIT Alert contributes significant buyside liquidity to POSIT Marketplace. It leverages unplaced shares from the trade blotters of participating clients, providing the convenience of indications-based crossing with broader liquidity. POSIT Alert eliminates time-consuming negotiations and is simple to use.

    • Leverages unplaced shares from trade blotters of participating users
    • Notifies traders of anonymous block trading opportunities
    • Easily integrates into a trader’s existing workflow
    • Eliminates time-consuming negotiations

    Broker-dealer products and services offered by ITG Inc. and POSIT Alert LLC, members FINRA, SIPC. POSIT Marketplace accesses, among other destinations, the POSIT Now and POSIT Match ATSs.

    U.S. Patent No. 7,487,125