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 ActivityThe 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) 444-6259corpcomm@itg.com

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