US agency broker ITG has outlined its ambition to take on more trading functions being outsourced by investment banks as part of its strategy under new chief executive Frank Troise.

Troise, who started in January after the previous chief executive left ahead of a $20.3 million settlement with the Securities and Exchange Commission over a secret US proprietary trading programme it ran in 2010, has spent the first six months of his tenure completing what he termed an "end-to-end" business review that included meetings with more than 150 clients.