Announcing Channel ITG: Automatic Order Sweep to ITG Liquidity

Announcing Channel ITG: Automatic Order Sweep to ITG Liquidity
Channel ITG Provides Order Efficiency and Control with No Information Leakage



NEW YORK, Nov. 17  /PRNewswire/ -- ITG, a leading provider of technology-based
equity trading services, is introducing Channel ITG(TM), a powerful,
easy-to-use tool that lets users automatically sweep orders from their trading
blotters to POSIT(R), TriAct(SM), ITG SmartServers(R) and the ITG Trading Desk.
 Channel ITG is fully customizable with dynamic filtering, providing complete
control over orders with no information leakage.

"POSIT and TriAct are important ITG destinations for finding liquidity with no
information leakage," stated Chris Heckman, ITG's Managing Director of Sales
Trading.  "Providing seamless blotter integration and rapid access through
Channel ITG will put these destinations directly into our clients' trading
workflow."  POSIT is the world's largest equity matching system; TriAct offers
anonymous, continuous equity trading with three paths to execution.  All orders
filled in POSIT and TriAct are executed between the spread.

Channel ITG queries orders in the user's order management system (OMS) any time
before POSIT matches or on demand. Channel ITG filters open orders based on the
individual user's criteria, and it determines and displays ITG eligible orders.
 The user can review and adjust the orders, or choose to automatically route
them for execution in ITG's unique liquidity destinations.  Channel ITG
displays order executions in real time, and any residuals can be routed to
ITG's SmartServers or Electronic Trading Desk for execution, or returned to the
user's OMS.

Channel ITG is currently integrated with the Macgregor XIP 7s Order Management
Network(TM) (OMN(TM)) and Eze Castle's Traders Console version 4.7, and will
soon be available with additional commercial and proprietary order management
systems.

  POSIT is a registered servicemark of the POSIT Joint Venture.

  About ITG


ITG is headquartered in New York with offices in Boston, Los Angeles, Dublin,
Hong Kong, London, Melbourne, Sydney, Tel Aviv and Toronto.  As a leading
provider of technology-based equity-trading services and transaction research
to institutional investors and brokers, ITG's services help clients to access
liquidity, execute trades more efficiently and make better trading decisions.
ITG generates superior trading results for its clients through three lines of
business.  POSIT(R), the world's largest equity matching system, allows clients
to trade confidentially.  The Electronic Trading Desk is recognized as one of
the leading program trading operations in the U.S. ITG's leading edge Client
Site Trading Products, Radical and Triton, allow users to implement their own
trading strategies by providing direct electronic access to most sources of
market liquidity.  For additional information, visit http://www.itginc.com/.

In addition to historical information, this press release may contain
"forward-looking" statements, as defined in the Private Securities Litigation
Reform Act of 1995, that reflect management's expectations for the future. A
variety of important factors could cause results to differ materially from such
statements.  These factors include the company's ability to achieve expected
future levels of sales; the actions of both current and potential new
competitors; rapid changes in technology; financial market volatility; general
economic conditions in the United States and elsewhere; evolving industry
regulation; cash flows into or redemption from equity funds; effects of
inflation; customer trading patterns; and new products and services.  These and
other risks are described in greater detail in the company's Annual Report on
Form 10-K for the fiscal year ended December 31, 2003 and other documents filed
with the Securities and Exchange Commission and available on the company's web
site.

   Contact:
   Liz Sendewicz
   [phone]


DATASOURCE: ITG



CONTACT:  Liz Sendewicz of ITG, [phone]



Web site:  http://www.itginc.com/ 

Copyright