NEW YORK--(BUSINESS WIRE)--Dec. 8, 2008--Investment Technology Group, Inc. (NYSE: ITG), a leading provider of
technology-based trading services and transaction research, today
announced that November 2008 US trading volume was 4.5 billion shares
and average daily volume (ADV) was 236 million shares. This compares to
5.7 billion shares and ADV of 247 million shares in October 2008 and 4.8
billion shares and ADV of 229 million shares in November 2007.
There were 19 trading days in November 2008, 23 trading days in October
2008 and 21 trading days in November 2007.
Monthly volume statistics reflect commission-generating US volume. These
statistics are preliminary and may be revised in subsequent updates and
public filings. Volume statistics are posted on ITG's website, www.itg.com,
and are available via a downloadable spreadsheet file.
ITG US Trading Activity
# of Average US
Total US Total US
November: 19 4,480,715,137 235,827,112
Year-to-Date: 231 49,825,275,981 215,693,835
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 that combines pre-trade, order management,
trade execution, and post-trade tools 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 www.itg.com.
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, 2007, 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.