Global brokerage firm Investment Technology Group (ITG) is set to introduce its electronic trading system Triton to the Asia Pacific region in an effort to capitalise on the growth in international equities investment.
The system enables buyside traders to trade more than 30,000 equities across the Asia Pacific region using a single, desktop application, thereby negating the need to negotiate multiple stock exchanges, brokers and algorithmic trading tools.
According to ITG, Triton will enable traders in Australia and other nations in the Asia Pacific region to operate more efficiently and effectively.
ITG electronic trading specialist Val Youngman has transferred from the firm’s London to Sydney office to help roll out the customisable, broker-neutral platform to Australian clients.
She said the system enables users to execute Asia Pacific trades via direct market access (DMA), ITG’s trading services and algorithms or third-party venues.
The system also includes ITG’s market data and pre and post-trade analysis tools that enable users to plan their trading strategy, monitor prices and trades in real-time and evaluate transaction costs across markets.
ITG Australia sales director Michael Corcoran said the system should make life easier for fund managers seeking investment opportunities across the region and further afield.
Triton is currently available in North America and Europe and, according to ITG, the regional systems will be fully integrated this year to enable global trading from a single platform.
