PRESS RELEASE

<<Back

ITG Releases June 2016 U.S. Trading Volumes

NEW YORK, July 11, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that June 2016 U.S. trading volume was 3.1 billion shares and average daily volume (ADV) was 141 million shares. This compares to 2.6 billion shares and ADV of 124 million shares in May 2016 and 4.0 billion shares and ADV of 182 million shares in June 2015. There were 22 trading days in both June 2016 and June 2015 and 21 trading days in May 2016.

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 the POSIT Alert® indications system for block crossing.

ITG U.S. Trading Activity

  # 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*
                 
June 2016 22 3,109,164,126 141,325,642 50,083,136 266 10,239,145 16,095 35,088
                 
YTD 2016 125 18,288,925,681 146,311,405 57,009,410 272 11,767,831 15,733 34,113
                 

            *Excluding shares crossed through POSIT Alert from ITG algorithms      

During June 2016 there was a significant increase in index rebalance trading activity as compared to the first quarter of 2016, reducing the overall average revenue per share.

International Trading Activity
The average daily trading commissions in June 2016 in ITG’s Canadian, European and Asia Pacific businesses were up approximately 8% on a combined basis as compared to the first quarter of 2016. 

These statistics are preliminary and may be revised in subsequent updates and public filings. U.S. 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

ITG applies technology and trading expertise to reduce implementation costs, helping clients improve investment performance. An independent broker established in 1987, ITG provides liquidity, execution, analytics and workflow solutions to leading asset management and brokerage firms. Investment Technology Group, Inc. (NYSE:ITG) has offices in Asia Pacific, Europe and North America and offers trading services in more than 50 countries. For more information, please visit www.itg.com.

ITG Media/Investor Contact:

J.T. Farley
(212) 444-6259
corpcomm@itg.com

Primary Logo

Investment Technology Group Inc.

Social stream