Investment Technology Group Releases March 2007 U.S. Trading Statistics

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NEW YORK--(BUSINESS WIRE)--April 10, 2007--Investment Technology Group, Inc. (NYSE: ITG), a leading provider of technology-based trading services and transaction research, today announced that March 2007 U.S. trading volume was 4.0 billion shares and average daily volume (ADV) was 182 million shares. This compares to 3.1 billion shares and ADV of 133 million shares in March 2006 and 3.4 billion shares and ADV of 180 million shares in February 2007.

There were 22 trading days in March 2007, compared to 23 trading days in March 2006 and 19 trading days in February 2007.

"Strong trading volume continued in March, with market share for the first quarter of 2007 consistent with the previous quarter," said Howard Naphtali, Chief Financial Officer at ITG. "Our average commission per share for the quarter was down approximately three percent sequentially."

Monthly volume statistics reflect commission-generating U.S. volume. These statistics are preliminary and may be revised in subsequent updates and public filings. Volume statistics are posted on ITG's website,, and are available via a downloadable spreadsheet file.

ITG U.S. Trading Activity

Total U.S. # of Total U.S. Average Shares Trade Volume U.S. Days Daily Volume ---------------------------------------------------------------------- ---------------------------------------------------------------------- March: 22 3,997,006,837 181,682,129 ---------------------------------------------------------------------- ---------------------------------------------------------------------- Year-to-Date: 61 11,671,203,072 191,331,198 ---------------------------------------------------------------------- -->
Total U.S. Shares # of Trade Days Total U.S. Volume Average U.S. Daily Volume
March: 22 3,997,006,837 181,682,129
Year-to-Date: 61 11,671,203,072 191,331,198

About ITG

Investment Technology Group, Inc. (ITG), is a specialized brokerage firm that partners with clients globally to provide innovative solutions spanning the entire trading process. A pioneer in electronic trading, ITG has a unique approach to trading that combines pre-trade analysis, trade execution, and post-trade evaluation to provide continuous improvements in trading and cost efficiency. The firm is headquartered in New York and maintains offices in North America, Europe and the Asia Pacific regions. For additional information, visit

In addition to historical information, this press release may contain "forward-looking" statements, as defined in the Private Securities Litigation Reform Act of 1995, that reflect management's expectations for the future. A variety of important factors could cause results to differ materially from such statements. These factors include the company's ability to achieve expected future levels of sales; the actions of both current and potential new competitors; rapid changes in technology; financial market volatility; general economic conditions in the United States and elsewhere; evolving industry regulation; cash flows into or redemption from equity funds; effects of inflation; customer trading patterns; and new products and services. These and other risks are described in greater detail in the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2006, and other documents filed with the Securities and Exchange Commission and available on the company's web site.

Alicia Curran, 212-444-6130

SOURCE: Investment Technology Group, Inc.

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