<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2007-11-08</periodOfReport>

    <dateOfOriginalSubmission>2007-11-19</dateOfOriginalSubmission>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000920424</issuerCik>
        <issuerName>INVESTMENT TECHNOLOGY GROUP INC</issuerName>
        <issuerTradingSymbol>ITG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001263972</rptOwnerCik>
            <rptOwnerName>D. E. SHAW LAMINAR PORTFOLIOS, L.L.C.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>39TH FLOOR, TOWER 45</rptOwnerStreet1>
            <rptOwnerStreet2>120 WEST FORTY-FIFTH STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001419081</rptOwnerCik>
            <rptOwnerName>D. E. Shaw Synoptic Portfolios 2, L.L.C.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>39TH FLOOR, TOWER 45</rptOwnerStreet1>
            <rptOwnerStreet2>120 WEST FORTY-FIFTH STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001277502</rptOwnerCik>
            <rptOwnerName>D. E. SHAW &amp; CO, L.L.C.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>39TH FLOOR, TOWER 45</rptOwnerStreet1>
            <rptOwnerStreet2>120 WEST FORTY-FIFTH STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001009268</rptOwnerCik>
            <rptOwnerName>D. E. SHAW &amp; CO, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>39TH FLOOR, TOWER 45</rptOwnerStreet1>
            <rptOwnerStreet2>120 WEST FORTY-FIFTH STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001023870</rptOwnerCik>
            <rptOwnerName>SHAW DAVID E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>39TH FLOOR, TOWER 45</rptOwnerStreet1>
            <rptOwnerStreet2>120 WEST FORTY-FIFTH STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <footnotes></footnotes>

    <remarks>On November 19, 2007, the reporting persons filed an initial statement of beneficial ownership on Form 3 with respect to shares of common stock of the issuer (the &quot;Original Form 3&quot;). This amendment to the Original Form 3 is filed solely for the purpose of adding D. E. Shaw Synoptic Portfolios 2, L.L.C. as a reporting person.  Except as otherwise stated in this remark, this amendment does not alter any of the other information reported in the Original Form 3.</remarks>

    <ownerSignature>
        <signatureName>D. E. Shaw Laminar Portfolios, L.L.C.  By: D. E. Shaw &amp; Co. L.L.C., as managing member  By: /s/ Rochelle Elias, Chief Compliance Officer</signatureName>
        <signatureDate>2007-11-20</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>D. E. Shaw Synoptic Portfolios 2, L.L.C.  By: D. E. Shaw &amp; Co., L.L.C., as managing member  By: /s/ Rochelle Elias, Chief Compliance Officer</signatureName>
        <signatureDate>2007-11-20</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>D. E. Shaw &amp; Co., L.P.  By: /s/ Rochelle Elias, Chief Compliance Officer</signatureName>
        <signatureDate>2007-11-20</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>D. E. Shaw &amp; Co., L.L.C.  By: /s/ Rochelle Elias, Chief Compliance Officer</signatureName>
        <signatureDate>2007-11-20</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>David E. Shaw  By: Rochelle Elias, Attorney-in-Fact</signatureName>
        <signatureDate>2007-11-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
