0001104659-17-050284.txt : 20170808 0001104659-17-050284.hdr.sgml : 20170808 20170808163426 ACCESSION NUMBER: 0001104659-17-050284 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170808 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170808 DATE AS OF CHANGE: 20170808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESTMENT TECHNOLOGY GROUP, INC. CENTRAL INDEX KEY: 0000920424 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 952848406 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32722 FILM NUMBER: 171015290 BUSINESS ADDRESS: STREET 1: ONE LIBERTY PLAZA STREET 2: 165 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10006 BUSINESS PHONE: (212) 588-4000 MAIL ADDRESS: STREET 1: ONE LIBERTY PLAZA STREET 2: 165 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10006 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TECHNOLOGY GROUP INC DATE OF NAME CHANGE: 19940316 8-K 1 a17-19116_18k.htm 8-K

 

 

UNITED STATES
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

 

Date of report (Date of earliest event reported): August 8, 2017

 

INVESTMENT TECHNOLOGY GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-32722

 

95-2848406

(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

One Liberty Plaza, 165 Broadway
New York, New York

 

10006

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (212) 588-4000

 

 

(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 (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

 



 

Item 8.01 Other Events.

 

On August 8, 2017, Investment Technology Group, Inc. issued a press release announcing trading statistics for the month ended July 31, 2017. 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 August 8, 2017.

 

2



 

SIGNATURES

 

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.

 

 

INVESTMENT TECHNOLOGY GROUP, INC.

 

 

 

 

 

 

 

By:

/s/ Angelique F.M. DeSanto

 

 

Name:

Angelique F.M. DeSanto

 

 

Title:

Managing Director, General Counsel and Secretary and Duly Authorized Signatory of Registrant

 

Dated:  August 8, 2017

 

3


EX-99.1 2 a17-19116_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

ITG Releases July 2017 U.S. Trading Volume

 

NEW YORK, August 8, 2017 — ITG (NYSE: ITG), a leading independent broker and financial technology provider, today announced that July 2017 U.S. trading volume was 2.6 billion shares and average daily volume (ADV) was 129 million shares, compared to 3.6 billion shares and ADV of 166 million shares in June 2017 and 2.2 billion shares and ADV of 112 million shares in July 2016. There were 20 trading days in both July 2017 and July 2016 and 22 trading days in June 2017.

 

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*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 2017

 

20

 

2,589,735,549

 

129,486,777

 

54,359,680

 

261

 

13,654,090

 

18,714

 

35,461

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD 2017

 

145

 

21,249,703,850

 

146,549,682

 

60,912,794

 

273

 

15,737,455

 

22,774

 

37,739

 

 


*Excluding shares crossed through POSIT Alert from ITG algorithms

 

ITG’s average revenue capture per share in July 2017 was slightly lower than the second quarter of 2017.

 



 

International Trading Activity

 

The average daily trading commissions in July 2017 in ITG’s Canadian, European and Asia Pacific businesses were down approximately 8% in U.S. dollar terms on a combined basis as compared to the second quarter of 2017. On a blended international basis there were approximately 21 trading days in July 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 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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