EX-99.1 2 a18-2513_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

ITG Releases December 2017 U.S. Trading Volumes and Provides International Trading Commission Update

 

NEW YORK, January 9, 2018 — ITG (NYSE: ITG), a leading independent broker and financial technology provider, today announced that December 2017 U.S. trading volume was 2.7 billion shares and average daily volume (ADV) was 133 million shares, compared to 2.9 billion shares and ADV of 137 million shares in November 2017 and 3.1 billion shares and ADV of 150 million shares in December 2016. There were 20 trading days in December 2017 and 21 trading days in both November 2017 and December 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*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 2017

 

20

 

2,657,379,382

 

132,868,969

 

47,993,220

 

288

 

14,850,340

 

27,079

 

38,339

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FY 2017

 

251

 

34,844,495,214

 

138,822,690

 

57,317,979

 

270

 

15,428,147

 

22,687

 

37,364

 

 


*Excluding shares crossed through POSIT Alert from ITG algorithms

 



 

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

 

International Trading Activity

 

The average daily trading commissions in December 2017 in ITG’s Canadian, European and Asia Pacific businesses were up approximately 10% in U.S. dollar terms on a combined basis as compared to the third quarter of 2017 and were up approximately 13% as compared to December 2016. On a blended international basis, there were approximately 19 trading days in December 2017 and 20 days in December 2016.

 

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

 

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