EUROPE - Institutional investors will have another avenue through which to invest in Sweden and Finland, thanks to an extension of ITG Group's POSIT trading system.
The inclusion of these countries brings the number of European countries covered by POSIT to 10.
With the addition of the approximately 550 stocks traded on the Stockholm and Helsinki stock exchanges, POSIT now comprises more than 7,300 European equities.
Commenting, Alasdari Haynes, chief executive of ITG Europe, said: “Our decision to add Sweden and Finland to POSIT’s European universe is in direct response to calls from our clients for further opportunities to our anonymous crossing system.
“This move is also in line with our intention, as stated at launch, to widen POSIT’s geographic reach as client needs demand.”
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