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ITG Expands Patent Portfolio

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NEW YORK, May 31, 2012 /PRNewswire/ -- ITG (NYSE: ITG), a leading independent execution and research broker, today announced the acquisition of 21 U.S. patents and corresponding foreign patents and patent applications from Aritas Group, Inc., formerly known as Pipeline Trading Systems. This deal does not include any of the software, non-patent assets or personnel of Aritas Group or any of its affiliated businesses.  Terms of the deal, which closed on May 30th, were not disclosed.  (Logo:  http://photos.prnewswire.com/prnh/20120123/NY39237LOGO) The Aritas patents address a broad array of services and products, including block trading, crossing networks, front-end trading systems, a...

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