Mark:  Thus far, I have uncovered only one "nondocumented" electronic  agreement.
The equity desk uses the services of POSIT which is an electronic  trading system which matches orders six times daily for institutions and  broker dealers.
There is no agreement for this matching service.
I am not  aware of other "matching services" and whether any agreements are in place.
Let me know if you have any concerns.
Thanks.
Sara

ITG POSIT ( a "division" of the ITG trading desk }
Mark: Thus far, I have uncovered only one "nondocumented" electronic agreement.
The equity desk uses the services of POSIT which is an electronic trading system which matches orders six times daily for institutions and broker dealers.
There is no agreement for this matching service.
I am not aware of other "matching services" and whether any agreements are in place.
Let me know if you have any concerns.
Thanks.
Sara
posit uncovered nondocumented electronic concerns thanks sara times daily mark agreement matching service broker dealers equity desk uses let