ITG Investment Research Welcomes New Chief Operating Officer and Senior Internet Analyst


NEW YORK, Dec. 6, 2011 /PRNewswire/ -- Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, today announced the expansion of its ITG Investment Research team with the addition of Terry Gardner as Chief Operating Officer and Steve Weinstein as Senior Internet Analyst.

In the newly created COO role, Mr. Gardner will be responsible for the day-to-day management of the company's equity research initiatives. Before joining ITG, he was the CEO of Soleil Securities Group.  Prior to Soleil, Mr. Gardner founded and operated a proprietary research boutique and also worked at Deutsche Bank Securities, where he served as Global Chief Operating Officer in Deutsche Bank's equity research division and as Associate Director of North American Equity Research. Mr. Gardner was also recognized as an All-Star Analyst in The Wall Street Journal's annual analyst survey.  Prior to Deutsche Bank, Mr. Gardner served as an officer in the United States Marine Corps.

ITG Investment Research also welcomes Senior Internet Analyst, Steve Weinstein, who will join the firm from Pacific Crest Securities, where his global coverage included research on leading internet companies in the US, Russia, China, India and Latin America.  He was included on The Wall Street Journal's 2011 "Master Stock Pickers" list of Internet analysts, as well as Institutional Investor's All-American Research Team.  Mr. Weinstein will lead ITG's research coverage of the Internet space, replacing John Aiken, who will be leaving the firm to join a hedge fund.

"Both Terry and Steve bring a wealth of experience across the equity research space as highly-ranked research analysts," said Tony Berkman, CEO of ITG Investment Research.  "Having Terry's in-depth management experience, leadership and keen oversight behind our research team will help us fulfill our commitment to being the most valued provider of differentiated research on the Street."

ITG Investment Research provides coverage of over 300 companies in more than 20 sectors, including recent research initiations on Groupon (NASDAQ: GRPN) LinkedIn (NYSE: LNKD), Motorola Mobility (NYSE: MMI) and Hyatt (NYSE: H).  ITG IR also provides macro energy and economic research and bespoke research projects.  For more on ITG's research capabilities, visit

About ITG

Investment Technology Group, Inc., is an independent agency research broker that partners with asset managers globally to improve performance throughout the investment process. A leader in electronic trading since launching the POSIT® crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional liquidity, execution services, analytical tools, and proprietary research insights grounded in 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

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


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