Investment Technology Group (ITG) Message Board

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Technology Stocks : Investment Technology Group (ITG)

ITG 30.23

0.0%

Feb 28 4:00 PM EST

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To: Christine Kellstrom who wrote (43)	5/21/1999 10:32:00 AM
From: Beltropolis Boy	Read Replies (1) of 70

>I am a little confused over how the 'joint-venture' between ITG and Tradebrook with work.. one is private and one is public. Will it affect the number of outstanding shares of ITG, etc. cris. i read this as more of a strategic partnership vice a merger or acquisition. ITG and tradebook will joining forces (i.e., capital) to develop a "super" proprietary ECN; they're investing in technology, not each other per se. the press release also indicates that other partners may be added in the future. early morning indications look like another strong day on larger than average volume. hope this helps, -chris. ----- NYSE RESUMPTION - Investment Technology May 21, 1999 09:48 AM first sale 33,300 shares at 41-1/2, up 2-3/8 (REUTERS)

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