GLOBAL - Following the recent European acquisition of crossing competitor E-Crossnet, Investment Technology Group Inc. (ITG) has bought the remaining 50% share of its POSIT crossing network from BarraPOSIT, a subsidiary of Morgan Stanley Capital International Inc.
The deal will make ITG the sole owner of the POSIT Joint Venture. Commenting on the acquisition, Ray Killian, ITG chairman, president and CEO said: “This is a strategic acquisition for ITG and w...
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