Looking to further expand its trading offerings across asset classes, ITG announced this morning that planned to purchase RedSky Financial, a broker-dealer that specializes in multi-asset class electronic trading.

Chicago-based RedSky provides the buy side with direct access to stocks, options, futures, foreign exchange and bonds through its R3 trading platform. The purchase price is reportedly about $22 million in an all-cash-transaction expected to close in the third quarter.

I’ll be speaking with ITG executives on Monday so stay tuned for more on this deal next week.