ITG (NYSE: ITG), an independent Execution broker and research provider, has tapped Bret Goldin as its newest Director of Sales – Americas, according to an ITG statement. In his new role as the Sales Director at ITG (NYSE: ITG), Mr. Goldin will be tasked with fostering the group’s trading solutions suite across the Europe, Middle East, and Africa (EMEA) region, maintaining a more targeted focus on client solutions for Canadian trading and CAD/US trade flow. Mr. Goldin joins ITG with almost two decades of experience in trading solutions across a variety of financial institutions – this includes stints in both Canada and the United States, highlighting his knowledge and versatility in the region. Most recently, he worked at Morgan Stanley’s Electronic Trading (MSET) business, where he was based in Canada. Furthermore, Mr. Goldin has worked in New York as a NASDAQ Market Maker with Herzog, Heine, Geduld/Merrill Lynch, dating back to 1997. Additional stops also include Reuters and Bank of America Securities, having worked in various senior level roles. According to Dave Harris, Managing Director and Head of Sales & Trading, ITG Canada in a recent statement on the appointment, “Given Bret’s skill, experience and deep understanding of North American markets and their complexities, I am confident that he will excel in delivering ITG’s Canadian trading and technology expertise to our European clients.” ITG has been in the headlines lately after suffering a notable decline in volumes that was tied to its recent brush with regulatory authorities, causing an outflow of existing business. Last month, ITG, as well as its affiliate AlterNet Securities, agreed to collectively pay $20.3 million to settle charges over the breach of Dark Pool trading confidentiality with the US’ Securities and Exchange Commission (SEC).
ITG (NYSE: ITG), an independent Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co broker and research provider, has tapped Bret Goldin as its newest Director of Sales – Americas, according to an ITG statement. In his new role as the Sales Director at ITG (NYSE: ITG), Mr. Goldin will be tasked with fostering the group’s trading solutions suite across the Europe, Middle East, and Africa (EMEA) region, maintaining a more targeted focus on client solutions for Canadian trading and CAD/US trade flow. Mr. Goldin joins ITG with almost two decades of experience in trading solutions across a variety of financial institutions – this includes stints in both Canada and the United States, highlighting his knowledge and versatility in the region. Most recently, he worked at Morgan Stanley’s Electronic Trading (MSET) business, where he was based in Canada. Furthermore, Mr. Goldin has worked in New York as a NASDAQ Market Maker with Herzog, Heine, Geduld/Merrill Lynch, dating back to 1997. Additional stops also include Reuters and Bank of America Securities, having worked in various senior level roles. According to Dave Harris, Managing Director and Head of Sales & Trading, ITG Canada in a recent statement on the appointment, “Given Bret’s skill, experience and deep understanding of North American markets and their complexities, I am confident that he will excel in delivering ITG’s Canadian trading and technology expertise to our European clients.” ITG has been in the headlines lately after suffering a notable decline in volumes that was tied to its recent brush with regulatory authorities, causing an outflow of existing business. Last month, ITG, as well as its affiliate AlterNet Securities, agreed to collectively pay $20.3 million to settle charges over the breach of Dark Pool Dark Pool Private exchanges that are not accessible by the investing public for trading securities are known as dark pools.Dark pools are named due to their lack of transparency and occasional predatory trading practices that are performed by high-frequency traders. These exchanges originally into existence towards the end of the 1980s as a way to better facilitate block trading performed by institutional investors. Why Use Dark Pools?Dark pools are used primarily by large-scale investors who do not seek Private exchanges that are not accessible by the investing public for trading securities are known as dark pools.Dark pools are named due to their lack of transparency and occasional predatory trading practices that are performed by high-frequency traders. These exchanges originally into existence towards the end of the 1980s as a way to better facilitate block trading performed by institutional investors. Why Use Dark Pools?Dark pools are used primarily by large-scale investors who do not seek trading confidentiality with the US’ Securities and Exchange Commission (SEC).