SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
January 10, 2012
Date of Report (Date of earliest event reported)
INVESTMENT TECHNOLOGY GROUP, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-32722 |
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95-2848406 |
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(State or other jurisdiction of |
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(Commission file number) |
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(I.R.S. Employer |
380 Madison Avenue
New York, New York 10017
(Address of principal executive offices)
(212) 588-4000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communication pursuant to Rule 425 under the Securities Act (17. CFR 230.425)
o Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17. CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17. CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17. CFR 240.13e-4(c))
Item 8.01 — Other Events
On January 10, 2012 Investment Technology Group, Inc. issued a press release announcing trading statistics for the month ended December 31, 2011. A copy of this press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press release issued by Investment Technology Group, Inc. on January 10, 2012.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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INVESTMENT TECHNOLOGY GROUP, INC. |
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(Registrant) |
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Date: |
January 10, 2012 |
By: |
/s/ STEVEN R. VIGLIOTTI | |
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Steven R. Vigliotti | |
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Chief Financial Officer and | |
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Duly Authorized Signatory of Registrant | |
Exhibit 99.1
FOR IMMEDIATE RELEASE
ITG RELEASES DECEMBER 2011 US TRADING VOLUMES AND RESCHEDULES FOURTH QUARTER 2011 RESULTS ANNOUNCEMENT
NEW YORK, January 10, 2012 — Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, today announced that December 2011 US trading volume was 3.5 billion shares and average daily volume (ADV) was 167 million shares. This compares to 3.8 billion shares and ADV of 183 million shares in November 2011 and 3.6 billion shares and ADV of 162 million shares in December 2010. There were 21 trading days in December 2011 and November 2011 and 22 trading days in December 2010.
The December 2011 trading volume had a heightened mix from sell-side clients, negatively impacting average revenue capture per share.
ITG US Trading Activity
December 2011
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Total U.S. |
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# of |
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Total U.S. |
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Average U.S. |
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Dec-11 |
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21 |
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3,501,564,480 |
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166,741,166 |
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Year-to-Date: |
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252 |
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48,819,972,152 |
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193,730,048 |
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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, www.itg.com, and are available via a downloadable spreadsheet file.
4Q11 Earnings Announcement Rescheduled
ITG today also announced that due to a scheduling conflict it plans to announce fourth quarter 2011 financial results on Wednesday, February 1, 2012, one day earlier than previously announced. The results will be made available in a press release issued before the opening of the market. The press release will also be available on the firm’s web site at www.itg.com.
A conference call to discuss the firm’s results will be held at 11:00 am ET on February 1, 2012. Those wishing to listen to the call should dial 1-866-831-6234 (1-617-213-8854 outside the US) and enter the passcode 38122132 at least 10 minutes prior to the start of the call to ensure connection. The webcast and accompanying slideshow presentation can be downloaded from ITG’s web site at www.itg.com. For those unable to listen to the live broadcast of the call, a replay will be available for one week by dialing 1-888-286-8010 (1-617-801-6888 outside the US) and entering the passcode 69282617. The replay will be available starting approximately two hours after the completion of the conference call.
ABOUT ITG
Investment Technology Group, Inc., is an independent agency research broker that partners with asset managers globally to improve performance throughout the investment process. A leader in electronic trading since launching the POSIT® crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional liquidity, execution services, analytical tools, and proprietary research insights grounded in data. Asset managers rely on ITG’s independence, experience, and intellectual capital to help mitigate risk, improve performance, and navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, Europe, and the Asia Pacific region. For more information on ITG, please visit www.itg.com.
ITG Media/Investor Contact:
J.T. Farley
(212) 444-6259
corpcomm@itg.com
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