Investment Technology Group ( ITG ) was shut down yesterday due to a " catastrophic problem " with its heating , ventilation and air conditioning system at its data centre . around 1 p.m. because of a technical problem at the data center where it is located, an executive said. As we pointed out earlier this week , this latest problem follows an announcement by ITG that it was near a financial settlement of c. $ 500 m with shareholders over violations in its " dark pool " , causing its private stock trading venue to fall by nearly half .
Investment Technology Group ( ITG ) was shut down yesterday due to a " catastrophic problem " with its heating , ventilation and air conditioning system at its data centre . As we pointed out earlier this week , this latest problem follows an announcement by ITG that it was near a financial settlement of c. $ 500 m with shareholders over violations in its " dark pool " , causing its private stock trading venue to fall by nearly half .