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): February 8, 2016

 

INVESTMENT TECHNOLOGY GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-32722

 

95-2848406

(State or Other

 

(Commission File

 

(I.R.S. Employer

Jurisdiction of

 

Number)

 

Identification No.)

Incorporation)

 

 

 

 

 

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)

 

 

 



 

Item 8.01 Other Events.

 

On February 8, 2016, Investment Technology Group, Inc. issued a press release announcing trading statistics for the month ended January 31, 2016. 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 February 8, 2016.

 

2



 

SIGNATURE

 

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.

 

 

 

 

Date:      February 8, 2016

By:

/s/ Steven R. Vigliotti

 

 

Steven R. Vigliotti

 

 

Chief Financial Officer and

 

 

Duly Authorized Signatory of Registrant

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release by Investment Technology Group, Inc., dated as of February 8, 2016.

 

4




Exhibit 99.1

 

ITG RELEASES JANUARY 2016 U.S. TRADING VOLUMES

 

NEW YORK, February 8, 2016 — ITG (NYSE: ITG), a leading independent execution broker and financial technology provider, today announced that January 2016 U.S. trading volume was 3.0 billion shares and average daily volume (ADV) was 159 million shares. This compares to 2.8 billion shares and ADV of 129 million shares in December 2015 and 3.6 billion shares and ADV of 179 million shares in January 2015. There were 19 trading days in January 2016, 22 trading days in December 2015 and 20 trading days in January 2015.

 

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 the POSIT Alert® indications system for block crossing.

 

ITG U.S. Trading Activity

 

 

 

# 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*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 2016

 

19

 

3,027,060,928

 

159,318,996

 

66,904,560

 

260

 

12,103,258

 

15,382

 

34,374

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD 2016

 

19

 

3,027,060,928

 

159,318,996

 

66,904,560

 

260

 

12,103,258

 

15,382

 

34,374

 

 


*Excluding shares crossed through POSIT Alert from ITG algorithms

 



 

International Trading Activity

 

The average daily trading commissions in January 2016 in ITG’s Canadian, European and Asia Pacific businesses were up a combined 5% compared to the fourth quarter of 2015.

 

These statistics are preliminary and may be revised in subsequent updates and public filings. U.S. 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

 

ITG is an independent execution broker and financial technology provider that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.

 

ITG Media/Investor Contact:

 

J.T. Farley

(212) 444-6259

corpcomm@itg.com

 

###

 


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