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ITG To Host Investor Day

NEW YORK, NY, November 12, 2002 – Investment Technology Group, Inc. (“ITG”) (NYSE: ITG) will hold a meeting for analysts and institutional investors on Tuesday, November 19, 2002, from 12:00 PM to 5:00 PM in New York City. The event will feature presentations by ITG's worldwide management team on corporate strategy, geographic and product diversification beginning at approximately 1:00 PM EST. A live webcast of the presentations will be accessible on the ITG web site at http://www.itginc.com. A replay of the webcast will be available for two weeks.

Investors and analysts seeking further information should call ITG's Investor Relations department at 800-991-4484.

ITG is headquartered in New York with offices in Boston, Los Angeles, Dublin, Hong Kong, London, Melbourne, Sydney, Tel Aviv and Toronto. As a leading provider of technology-based equity-trading services and transaction research to institutional investors and brokers, ITG's services help clients to access liquidity, execute trades more efficiently, and make better trading decisions. ITG generates superior trading results for its clients through three lines of business. POSITÒ, the world's largest equity matching system, allows clients to trade confidentially. The Electronic Trading Desk is recognized as one of the leading program trading operations in the U.S. ITG's leading-edge Client Site Trading Products allow users to implement their own trading strategies by providing direct electronic access to most sources of market liquidity. For additional information, visit http://www.itginc.com.

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