Press Release

Printer Friendly Version View printer-friendly version
Download PDF PDF Format
<< Back
ITG Releases April 2017 U.S. Trading Volume

NEW YORK, May 08, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that April 2017 U.S. trading volume was 2.4 billion shares and average daily volume (ADV) was 127 million shares, compared to 3.7 billion shares and ADV of 159 million shares in March 2017 and 2.7 billion shares and ADV of 129 million shares in April 2016. There were 19 trading days in April 2017, 23 trading days in March 2017 and 21 trading days in April 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*
                 
April 2017 19 2,407,450,859 126,707,940 56,289,474 262 14,317,947 22,099 35,099
                 
YTD 2017 81 11,763,381,037 145,226,926 61,242,614 273 15,000,952 23,369 37,860

*Excluding shares crossed through POSIT Alert from ITG algorithms      

During April 2017 there was a continued high percentage of volume from lower-rate sell-side clients, resulting in a decline in overall average revenue per share as compared to the first quarter of 2017.

International Trading Activity
The average daily trading commissions in April 2017 in ITG’s Canadian, European and Asia Pacific businesses were up approximately 5% in U.S. dollar terms on a combined basis as compared to the first quarter of 2017.

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 technology 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) 444-6259
corpcomm@itg.com

Primary Logo

Investment Technology Group Inc.

Receive E-mail Alerts

Sign up to receive e-mail alerts whenever Investment Technology Group, Inc. posts new information to the site. Just enter your e-mail address and click Submit.