ITG Unit Plans More China, Euro Research

Agency broker and trading technology provider ITG’s proprietary research business ITG Investment Research may unveil research products for the Chinese and European markets in 2012.

Agency broker and trading technology provider ITG’s proprietary research business ITG Investment Research may unveil research products for the Chinese and European markets in 2012, Waterstechnology.com reports. The firm, set up following ITG’s acquisition of independent research provider Majestic Research in 2010, will initially add research on Chinese companies traded on U.S. markets as American depositary receipts or ones which trade on Hong Kong Exchanges and Clearing.

The firm is planning a complete Chinese research offering in early 2012. It expanded its coverage into Canada through the purchase of oil and gas research provider Ross Smith Energy Group earlier this year. The firm may also unveil a research offering for the European market by the middle of next year with new hiring in London. It has so far focused on providing European clients with bespoke products.

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