Net Capital Requirement (Tables)

9 Months Ended

Sep. 30, 2011

Net Capital Requirement

Net capital balances and the amounts in excess of required net capital for the U.S. Operations

Net capital balances and the amounts in excess of required net capital at September 30, 2011 for the U.S. Operations are as follows (dollars in millions):

	Net Capital		Excess Net Capital
U.S. Operations
ITG Inc.	$	67.3	$	66.3
AlterNet	4.2		4.0
Blackwatch	2.8		2.6
ITG Derivatives	2.5		1.5

Net capital balances and the amounts in excess of required net capital for other than U.S. Operations

The net capital balances and amount of regulatory capital in excess of the minimum requirements applicable to each business at September 30, 2011, is summarized in the following table (dollars in millions):

	Net Capital		Excess Net Capital
Canadian Operations
Canada	$	48.6	$	48.1
European Operations
Europe	44.5		20.9
Asia Pacific Operations
Australia	8.0		2.2
Hong Kong	31.7		9.5
Singapore	0.3		0.1