Investment Technology Group, Inc. (ITG), a technology-based equity trading services and transaction research provider, has added fixed income capabilities to its transition services.
ITG has hired a fixed income transition team to expand its existing equity transition services offering.
Victor Fontana will head ITG’s transition services. Fontana was president of First Principle, a division of Northeast Securities, specializing in asset transition, directed commission business and research-focused soft dollar conversion services.
“The demand for end-to-end trading solutions and for transition management services in particular, has grown significantly over the last ten years,” said Tony Huck, ITG’s managing director and co-director of sales and trading. “Vic Fontana and his team bring a wealth of knowledge of the fixed income transition process and will help ITG to provide its clients with a complete transition solution.”