ITG Sponsors Conference on Transaction Costs

ITG Sponsors Conference on Transaction Costs
Industry Leaders to Discuss SEC Concept Release and Regulation NMS 


NEW YORK, May 13  /PRNewswire-FirstCall/ -- On Tuesday, May 25, 2004, ITG will
assemble an esteemed group of industry leaders to discuss proposed market
structure changes and best execution practices.  The conference will address
the implications of the Securities and Exchange Commission's Concept Release on
Measures to Improve Disclosure of Mutual Fund Transaction Costs and the cost
disclosure aspects of Regulation NMS.

"The current regulatory environment is destined for change.  Consequently, any
efforts to redefine and clarify best execution need thorough evaluation,"
stated Peter Jenkins, Managing Director of Deutsche Bank Asset Management. "It
is essential to understand the possible implications of change and take steps
for the transition."

This forum will be held in New York City and will provide a venue for attendees
to acquire valuable insights and experience from investment managers,
independent auditors and academics. The agenda will cover an overview of the
regulatory issues, independent auditors' viewpoints, practitioners' experiences
and a panel discussion. Scheduled presenters and panelists will include:

   Ted Aronson, Managing Principal, Aronson + Johnson + Ortiz, LP,
   David Depew, Senior Vice President, Putnam Investment Management, Inc.,
   Ian Domowitz, Managing Director, ITG Inc.,
   Anthony S. Evangelista, Partner, PricewaterhouseCoopers LLP,
   Peter Jenkins, Managing Director, Deutsche Bank Asset Management,
   Sean McKee, Partner, KPMG,
   Andre Owens, Partner, Wilmer, Cutler, and Pickering,
   Erik Sirri, Walter H. Carpenter Professor of Finance, Babson College, and
   William Sullivan, Managing Director, Putnam Investment Management, Inc.

  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 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/.

Contact: Liz Sendewicz

(212) 444 - 6130 

DATASOURCE: ITG



CONTACT:  Liz Sendewicz of ITG, [phone]



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

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