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ITG Hires Equity Market Veteran Jamie Selway & White Cap Trading Partners

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NEW YORK, July 20, 2010 /PRNewswire via COMTEX/ --

Investment Technology Group, Inc. (NYSE: ITG), a leading agency broker and financial technology firm, today announced the hiring of Jamie Selway as a Managing Director in its New York office. Mr. Selway will contribute to ITG's business strategy and provide ITG clients with analysis of market structure and potential developments in the regulatory environment.

Prior to joining ITG, Mr. Selway was Managing Director at White Cap Trading, an institutional agency brokerage that he co-founded in 2003. He previously served as Chief Economist at Archipelago and worked in equity derivatives research at Goldman Sachs. Mr. Selway holds a B.A. from Washington & Lee University and an M.S. from the University of Chicago.

ITG today also announced the hiring of Mr. Selway's three partners at White Cap Trading: William D'Arbanville, Jamie Petraglia and Tim Love. Mr. D'Arbanville and Mr. Petraglia will join ITG's New York trading desk while Mr. Love will join the Boston trading desk.

Commenting on the hires, ITG's CEO and President, Bob Gasser, said, "Jamie Selway is universally recognized as a key player in the evolution of US market structure. Over the past several years he has become a valued advisor to the buy side trading community and a respected industry voice on regulatory issues that directly affect our business. The addition of Jamie and his White Cap colleagues to our team affirms ITG's commitment to developing a differentiated portfolio of content offerings to complement our world-class trading analytics and execution capabilities."

"ITG has a storied past of innovation and is respected throughout the marketplace for its deep client relationships and expert knowledge of the trading process," said Mr. Selway. "My partners and I look forward to contributing to ITG's future."

About ITG

Investment Technology Group, Inc., is an independent agency broker and financial technology firm that partners with asset managers globally to improve performance throughout the investment process. A leader in electronic trading since launching the POSIT(R) crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional liquidity and market-leading execution services, measurement tools, and proprietary data. Asset managers rely on ITG's independence, experience, and intellectual capital to help mitigate risk, improve performance, and navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, Europe, and the Asia Pacific region. For more information on ITG, please visit http://www.itg.com/.

    ITG Contact:
    J.T. Farley
    (212) 444-6259


SOURCE Investment Technology Group, Inc.

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