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 .
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 record settlement of c. $20.3m with regulators over violations in its "dark pool", causing its private stock trading venue to fall by nearly half.