Friday, June 8, 2007

UPDATE 1-ITG buying broker-dealer to expand offerings

(Reuters) - NEW YORK, June 8 - Trading technology provider
Investment Technology Group Inc. said on Friday it is
acquiring privately held broker-dealer RedSky Financial LLC for
$22 million in cash to expand into options and futures trading
offerings.




"It gives us multi-asset class capability from our almost
purely cash equity-centric capabilities that we have today,"
said ITG Chief Executive Robert Gasser in an interview.


Read more at Reuters.com Bonds News

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