EX-99.1 2 a17-12591_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

ITG Releases April 2017 U.S. Trading Volume

 

NEW YORK, May 8, 2017 — 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

 

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