I think you are wrong to write off ITG
it would be wise to diversify into ITG
along with ASTN if you think ASTN will
be so successful. They are both going
after the same customers, albeit with
somewhat different strengths and weak-
nesses. Only the last 3 years of ITG
growth really matter, and with Bloom-
berg on board, they will grow much more
dramatically from here. You forget how
conservative Bloomberg is, and for them
even to suggest an interest in this
alternative trading vehicle, is a big
plus for both ITG and ASTN alike. I
don't even consider OptiMark in any
of my ITG/ASTN investments. As a
private company, I could care less
what they do or say, since none of
it is publically accountable. In my
mind, ITG is the Turtle, and ASTN is
the Hare, and the race has only begun,
and with ITG's 3 year head start, they
are both winners in my portfolio. |
