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ITG launches Research Payment Account solution

Feb 27, 2017 - Marketline Newswire

Investment Technology Group, Inc., or ITG, an independent broker and financial technology provider, has announced the launch of Research Payment Account, or RPA, solution to enable asset managers to adapt to the unbundling of research and execution required under the coming MiFID II rules in Europe.

The new ITG RPA solution offers a number of key features: Funding Flexibility and Security - The RPA can be funded with a research charge alongside the execution in a manner that can be operati...