NEW YORK, Nov. 10, 2014 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent execution and research broker, today announced that October 2014 U.S. trading volume was 4.7 billion shares and average daily volume (ADV) was 206 million shares. This compares to 3.4 billion shares and ADV of 161 million shares in September 2014 and 3.5 billion shares and ADV of 151 million shares in October 2013. There were 23 trading days in both October 2014 and October 2013 and 21 trading days in September 2014.
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* |
|||||||||
| October 2014 | 23 | 4,732,743,533 | 205,771,458 | 101,042,855 | 252 | 19,168,508 | 16,890 | 36,712 | ||||||||
| Year-to-Date: | 211 | 33,529,581,128 | 158,907,967 | 72,803,097 | 252 | 15,815,084 | 16,543 | 34,790 | ||||||||
| *Excluding shares crossed through POSIT Alert from ITG algorithms | ||||||||||||||||
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
ITG is an independent execution and research broker 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.