SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity 
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma 
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs 
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility 
Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal 
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Meta Expands AI Training With Employee Activity Tracking Tools 
NEW YORK, Feb. 26, 2016 -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of ITG Smart Cost Estimator for Pre-Trade Analysis, a mobile application that estimates pre-trade costs based on current market conditions.
“Traditional pre-trade transaction cost models don’t take prevailing market conditions into account or allow users to perform ‘what if’ scenarios. ITG Smart Cost Estimator for Pre-Trade Analysis delivers more accurate cost estimates for people trading in global markets with the goal of better returns for investors,” said Ian Domowitz, Managing Director and Head of Analytics at ITG. “Users can compare today’s cost estimates against historical conditions, estimate the cost for liquidation of a position, and calculate the expected increase in trading costs given various order sizes.”
ITG Smart Cost Estimator for Pre-Trade Analysis, available on the ITG Analytics Incubator®, is the complementary application to ITG Smart Cost Estimator for Post-Trade Analysis. These and several other liquidity cost and volatility index mobile applications including the ITG Equity Trading Cost Index, ITG FX Trading Cost Index, FX Pre-Trade Prototype, and the Swing Pricing Prototype are all available on the ITG Analytics Incubator. All indexes and applications are available to the institutional trading community, free of charge, via a responsive web site to foster transparency in the equity and FX trading communities.
Best New Mobile Application
ITG also announced today that ITG Analytics Incubator was named Best New Mobile Application at the 2016 Wall Street Letter Institutional Trading Awards. ITG Analytics Incubator was selected from among a field of major industry competitors by a panel of independent judges based on its innovative use of technology and data.
In addition to ITG Smart Cost Estimator and other apps, ITG Analytics Incubator also offers the full suite of ITG Peer Analysis® reports, based on one of the industry's largest databases of transaction data. All articles, presentations, and videos produced by the ITG Analytics team since 2006 are available in the Library. For more on ITG's full range of analytical tools visit http://www.itg.com/analytics/ or contact [email protected].
About ITG
ITG is a leading independent broker and financial technology provider that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.
ITG Media/Investor Contact: J.T. Farley (212) 444-6259 [email protected]
