Attached files
| file | filename |
|---|---|
| 8-K - 8-K - INVESTMENT TECHNOLOGY GROUP, INC. | a15-2080_18k.htm |
Exhibit 99.1
ITG RELEASES DECEMBER 2014 U.S. TRADING VOLUMES
NEW YORK, January 9, 2015 — ITG (NYSE: ITG), a leading independent execution and research broker, today announced that December 2014 U.S. trading volume was 4.0 billion shares and average daily volume (ADV) was 182 million shares. This compares to 3.4 billion shares and ADV of 180 million shares in November 2014 and 3.0 billion shares and ADV of 141 million shares in December 2013. There were 22 trading days in December 2014, 19 trading days in November 2014 and 21 trading days in December 2013.
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
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# of |
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Total U.S. |
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Average U.S. |
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Average |
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Average |
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Average |
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POSIT |
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POSIT Alert |
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December 2014 |
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22 |
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3,998,203,520 |
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181,736,524 |
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85,194,891 |
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247 |
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14,097,809 |
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12,456 |
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34,802 |
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Year-to-Date: |
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252 |
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40,944,040,142 |
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162,476,350 |
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74,685,727 |
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251 |
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15,597,331 |
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16,084 |
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34,830 |
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*Excluding shares crossed through POSIT Alert from ITG algorithms
During the fourth quarter of 2014 there was an increase in lower-rate quantitative and index rebalance trading activity as well as continued activity within the sell-side segment from lower-rate clients, negatively impacting overall average revenue per share.
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
ITG is an independent execution and research broker that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.
ITG Media/Investor Contact:
J.T. Farley
(212) 444-6259
corpcomm@itg.com
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