ITG Releases December 2014 U.S. Trading Volumes


NEW YORK, Jan. 9, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent execution and research broker, today announced that December 2014 U.S. trading volume was 4.0 billion shares and average daily volume (ADV) was 182 million shares. This compares to 3.4 billion shares and ADV of 180 million shares in November 2014 and 3.0 billion shares and ADV of 141 million shares in December 2013. There were 22 trading days in December 2014, 19 trading days in November 2014 and 21 trading days in December 2013.

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*
                 
December
2014
22  3,998,203,520  
 181,736,524
85,194,891 247 14,097,809 12,456 34,802
                 
Year-to-
Date:
252 40,944,040,142  
 162,476,350
74,685,727 251 15,597,331 16,084 34,830
*Excluding shares crossed through POSIT Alert from ITG algorithms                  

During the fourth quarter of 2014 there was an increase in lower-rate quantitative and index rebalance trading activity as well as continued activity within the sell-side segment from lower-rate clients, negatively impacting overall average revenue per share.  

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.



            

Tags


Contact Data