That means that customers can now execute in two asset classes, equities and options, from the same platform, according to a press release.
Radical is a multi-user interface for active and single-stock trading. The integration of options routing capabilities into Radical along with a direct feed from the Options Price Reporting Authority (OPRA) provides clients with access to all six options exchanges, fast execution capabilities, and increased trading efficiencies, according to the firm.
“By combining equity and options routing capabilities on one platform, ITG can help our clients streamline their operational processes,” said Andrew Larkin, Managing Director at ITG. “Radical’s reliability, anonymity and speed, combined with the ability to trade both equities and options, provides clients with a truly integrated trading platform for single stocks.”
With Radical, traders have instant direct access to exchanges, ECNs, major broker-dealers, and ITG destinations like POSIT and ITG Algorithms, as well as integration with various order management systems.
Investment Technology Group, Inc. is headquartered in New York with offices in North America, Europe and the Asia Pacific regions. For more information on ITG, visit http://www.itg.com