EX-99.1 2 a17-26238_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

ITG Releases October 2017 U.S. Trading Volume

 

NEW YORK, November 8, 2017 — ITG (NYSE: ITG), a leading independent broker and financial technology provider, today announced that October 2017 U.S. trading volume was 2.8 billion shares and average daily volume (ADV) was 126 million shares, compared to 2.6 billion shares and ADV of 130 million shares in September 2017 and 2.6 billion shares and ADV of 125 million shares in October 2016. There were 22 trading days in October 2017, 20 trading days in September 2017 and 21 trading days in October 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*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 2017

 

22

 

2,776,404,872

 

126,200,221

 

53,785,427

 

275

 

16,042,364

 

20,973

 

35,536

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD 2017

 

210

 

29,312,878,278

 

139,585,135

 

58,572,107

 

269

 

15,439,833

 

22,193

 

37,249

 

 

*Excluding shares crossed through POSIT Alert from ITG algorithms

 

ITG’s average revenue capture per share in October 2017 was approximately 8% higher than the third quarter of 2017.

 


 

International Trading Activity

 

The average daily trading commissions in October 2017 in ITG’s Canadian, European and Asia Pacific businesses were up approximately 11% in U.S. dollar terms on a combined basis as compared to the third quarter of 2017. On a blended international basis, there were approximately 22 trading days in October 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

###