China Banks Halt New Loans to Sanctioned Refineries Amid U.S.-Iran Oil Crackdown 
Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom 
Rivian Hints at New R2 Variants as Production Ramps Up Ahead of 2027 Launch 
Apple Explores Intel and Samsung Partnerships to Diversify Chip Supply Chain 
Strategy Hints at Bitcoin Sales to Cover Dividends After Massive Q1 Loss 
Philips Reaffirms 2026 Outlook After Strong Q1 Sales and Margin Beat 
Hantavirus Cruise Ship Outbreak Triggers Global Health Alert 
Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat 
Pinterest Stock Surges After Strong Q1 2026 Earnings Beat Expectations 
AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance 
Intel Emerges as Key Contender in Apple’s Chip Manufacturing Strategy Shift 
Aker BP Q1 Profit Jumps on Higher Oil Prices and Asset Reversal 
Hugo Boss Beats Q1 Profit Expectations Despite Market Headwinds 
Strategy Reports Q1 Loss as Bitcoin Holdings Trigger $14.46 Billion Unrealized Hit 
Orsted Q1 EBITDA Beats Expectations Despite U.S. Impairments 
Volvo Car Sales Drop 10% in Early 2026 Despite Growth in Electric Vehicles 
Shell Q1 Profit Surges to Two-Year High as Dividend Rises Despite War-Driven Debt Pressure 
HONG KONG and NEW YORK, April 26, 2018 -- ITG (NYSE:ITG), a leading independent agency broker and financial technology provider, today announced the addition of trading in New Zealand equities to the POSIT® and POSIT® Alert crossing platforms. New Zealand marks the 12th country in the Asia Pacific region and the 38th country globally where POSIT Alert block crossing is available.
“The addition of New Zealand to our Asia Pacific market coverage makes POSIT Alert’s liquidity offerings even stronger,” said Michael Corcoran, CEO for ITG in Asia Pacific. “Alert is a valuable source of quality block liquidity for institutional traders, reducing average trade impact in Asia Pacific by more than 45 basis points and delivering average price improvement of 9 basis points,” he added.
POSIT Alert provides block crossing opportunities for equities in 38 countries across the Americas, Europe and the Asia Pacific region, seamlessly connecting the trade blotters of more than 2000 traders. In the first quarter of 2018, POSIT Alert averaged more than $90 billion in indicated global liquidity per day, including more than $12 billion in Asia Pacific, with average Asia Pacific crossing sizes of $1.2 million.
For more information about accessing POSIT Alert, POSIT crossing and ITG’s full range of global electronic brokerage capabilities, please contact [email protected] or call ITG’s New York Trading Desk +1-212-444-6100 or Hong Kong Trading desk +852-2846-3535.
About ITG
Investment Technology Group (NYSE:ITG) is a global financial technology company that helps leading brokers and asset managers improve returns for investors around the world. We empower traders to reduce the end-to-end cost of implementing investments via liquidity, execution, analytics and workflow technology solutions. ITG has offices in Asia Pacific, Europe and North America and offers execution services in more than 50 countries. Please visit www.itg.com for more information.
ITG Media Contacts:
Clare Witts, Asia Pacific
+852 2846 3567
[email protected]
J.T. Farley, U.S.
+1 (212) 444-6259
[email protected]
