George Rodriguez has joined Investment Technology Group (ITG) in New York as director of global algorithmic sales. Rodriguez will be working in ITG's algorithmic sales group with a focus on selling the firm's suite of international algorithms to it's U.S. customer base, according to Tony Huck, managing director of ITG.
Rodriguez left a senior position at TradeTrek Securities, an institutional agency broker specializing in algorithmic trading, two weeks ago. He previously worked for Guzman & Company and the New York Stock Exchange."I'm a strong believer in algorithmic trading period. Most of the market had focused on U.S. algorithms. The reality is that it's a product suited for investments globally," says Rodriguez, who started his new job on May 21st. "I know that the U.S. investors are definitely looking for much more intelligent ways to trade globally," says Rodriguez.
The hiring of Rodriguez reflects the importance that ITG is placing on global algorithms. "It's a major push for ITG," confirms Huck. "We currently have algorithms in Canada, in the United Kingdom, and in Pan European markets and we will have the same algorithmic offering in Asia later this year or into the first quarter of 200.," he says. "We view that as a very large opportunity. And George is going to be key to expanding that product to the global investment community in the U.S.," adds Huck.
Rodriguez will work with ITG's international sales team in New York, which has been in place for sometime, selling a whole suite of products and services internationally and regionally, says Huck. Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio