EX-99.1 2 a17-21544_1ex99d1.htm EX-99.1

Exhibit 99.1

ITG Releases August 2017 U.S. Trading Volume

 

NEW YORK, September 11, 2017 — ITG (NYSE: ITG), a leading independent broker and financial technology provider, today announced that August 2017 U.S. trading volume was 2.7 billion shares and average daily volume (ADV) was 117 million shares, compared to 2.6 billion shares and ADV of 129 million shares in July 2017 and 2.5 billion shares and ADV of 107 million shares in August 2016. There were 23 trading days in both August 2017 and August 2016 and 20 trading days in July 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*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 2017

 

23

 

2,685,721,402

 

116,770,496

 

52,681,643

 

246

 

13,251,670

 

21,467

 

36,233

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD 2017

 

168

 

23,935,425,252

 

142,472,769

 

59,785,911

 

270

 

15,397,139

 

22,611

 

37,556

 

 

*Excluding shares crossed through POSIT Alert from ITG algorithms

 

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

 


 

International Trading Activity

 

The average daily trading commissions in August 2017 in ITG’s Canadian, European and Asia Pacific businesses were down approximately 11% 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 22 trading days in August 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

 

###