ITG PARTNERS WITH ÁGORA FOR DIRECT MARKET ACCESS IN BRAZIL

Posted August 12, 2009

NEW YORK -- Agency broker and financial technology firm Investment Technology Group Inc. (NYSE: ITG) has partnered 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 the largest stock market in Latin America. ITG is also planning an algorithm suite 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,” says Robert Gasser, CEO and President of ITG. “As the Latin American market continues to grow, we realize 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.

“We believe that we share the same core values and dedication to our clients as ITG and we look forward to working with them to expand our DMA services to the Brazilian market,” says Francisco Valente, Head of the Electronic Trading Desk at Ágora.