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ITARLE ICDA

Switzerland, 23​rd​ February 2016

itarle AG (itarle), the independent multi asset algorithmic trading and analytics services provider for the sell­side, announced today that it has become a member of the International Commodities & Derivatives Association (ICDA). ICDA has a stated aim of bringing together firms, and the people who work in them, to build networking and business opportunities across the derivatives and commodities marketplace.

“Joining ICDA is part of our continuing strategy to engage with a wider internationally diverse audience.” - Dr. Paul Lynch, itarle CEO

itarle provides algorithmic trading, smart order routing and transaction cost analysis services to sell­side firms executing transactions on global equity and futures exchanges. The unique itarle service enables clients to trade using their own exchange memberships and existing connectivity channels.

Paul Lynch, CEO of itarle commented, “Joining ICDA is part of our continuing strategy to engage with a wider internationally diverse audience.” He added, “We are excited by the changes that ICDA are making to their membership profile, including bringing commodities back into the fold. With Itarle’s algorithms covering the full spectrum of commodity derivative contracts, we look forward to interacting with the ICDA membership base, contributing to industry dialogue as well as allowing us to react and shape our solutions and to better strengthen our position as a leader in our market.“

So whereas ADRs might make sense in some specific circumstances, in many others they would not.

“We are delighted that itarle have chosen to join our association and we look forward to them taking an active part in our activities” - Dan Day-Robinson, Executive Director ICDA

Dan Day-Robinson, Executive Director ICDA, stated, “ICDA is expanding its membership to include firms with innovative products and solutions for the commodities and derivatives markets. These firms are part of a drive to keep the association moving forward as the markets evolve as a result of regulatory change, technology innovation and the resulting creation of new opportunities.” He added, “We are delighted that itarle have chosen to join our association and we look forward to them taking an active part in our activities”