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ITG Releases January 2017 U.S. Trading Volume

NEW YORK, Feb. 08, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that January 2017 U.S. trading volume was 2.8 billion shares and average daily volume (ADV) was 139 million shares, compared to 3.1 billion shares and ADV of 150 million shares in December 2016 and 3.0 billion shares and ADV of 159 million shares in January 2016. There were 20 trading days in January 2017, 21 trading days in December 2016 and 19 trading days in January 2016.

ITG U.S. Trading Activity

In addition to overall U.S. trading volumes, ITG also provides a monthly summary of average daily volume (double-counted) and average trade size for the POSIT ® crossing network and POSIT Alert.

# of
Trade
Days
Total U.S.
Volume
Average U.S.
Daily Volume
Average
POSIT
Daily
Volume
Average
POSIT
Trade
Size
Average
POSIT
Alert Daily
Volume
POSIT
Alert
Average
Trade Size
POSIT Alert
Avg. Trade
Size Ex-
Algos*
January
2017
20 2,779,766,118 138,988,306 60,862,740 298 15,913,510 23,939 38,902
YTD 2017 20 2,779,766,118 138,988,306 60,862,740 298 15,913,510 23,939 38,902

*Excluding shares crossed through POSIT Alert from ITG algorithms

During January 2017 there was an increase in the percentage of volume from lower-rate sell-side clients, reducing overall average revenue per share as compared to the fourth quarter of 2016.

International Trading Activity
The average daily trading commissions in January 2017 in ITG's Canadian, European and Asia Pacific businesses were down approximately 1% in U.S. dollar terms on a combined basis as compared to the fourth quarter of 2016.

These statistics are preliminary and may be revised in subsequent updates and public filings. Volume statistics are posted on the investor relations section of ITG's website, investor.itg.com and are available via a downloadable spreadsheet file.

About ITG

Investment Technology Group (NYSE:ITG) is a global financial technology company that helps leading brokers and asset managers improve returns for investors around the world. We empower traders to reduce the end-to-end cost of implementing investments via technology-enabled liquidity, execution, analytics and workflow solutions. ITG has offices in Asia Pacific, Europe and North America and offers execution services in more than 50 countries. Please visit www.itg.com for more information.

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

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