Summit Notebook

Exclusive outtakes from industry leaders

Audio – ITG seeks to hitch to options growth wagon

May 7, 2007

gasser1.jpg Investment Technology Group CEO Robert Gasser told the Reuters Exchanges and Trading Summit that the electronic stock trading services provider is on the prowl for acquisitions, especially for derivatives-related deals. Of particular interest are “contiguous asset classes,” such as equity derivatives and foreign exchange. ”there’s a morphing today of cash equities and equity derivatives” in the U.S. market which makes equity derivatives a particularly compelling part of the market, he said.

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