EX-99.1 2 a18-18466_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

ITG Releases July 2018 U.S. Trading Volumes and Provides International Trading Commission Update

 

NEW YORK, August 8, 2018 — ITG (NYSE: ITG), a leading independent broker and financial technology provider, today announced that July 2018 U.S. trading volume was 2.7 billion shares and average daily volume (ADV) was 127 million shares, compared to 3.3 billion shares and ADV of 157 million shares in June 2018 and 2.6 billion shares and ADV of 129 million shares in July 2017. There were 21 trading days in both July 2018 and June 2018 and 20 trading days in July 2017.

 

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

 

Average
POSIT
Alert
Trade Size

 

Avg. POSIT
Alert Trade
Size Ex-
Algos*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 2018

 

21

 

2,659,012,886

 

126,619,661

 

47,725,438

 

313

 

17,064,990

 

13,610

 

35,934

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YTD 2018

 

146

 

19,530,742,015

 

133,772,206

 

49,331,112

 

288

 

14,295,813

 

17,121

 

35,607

 

 

*Excluding shares crossed through POSIT Alert from ITG algorithms

 

Average revenue per share in July 2018 was approximately 5% higher than the average in the second quarter of 2018.

 


 

International Trading Activity

 

The average daily trading commissions in July 2018 in ITG’s Canadian, European and Asia Pacific businesses were down approximately 2% in U.S. dollar terms on a combined basis as compared to the second quarter of 2018 and were up approximately 27% as compared to July 2017. On a blended international basis, there were approximately 22 trading days in July 2018 and 21 trading days in July 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 Investor/Media Contact:

J.T. Farley

(212) 444-6259

corpcomm@itg.com

 

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