Shell M&A Chief Exits After BP Takeover Proposal Rejected 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
NEW YORK, Dec. 08, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent execution broker and financial technology provider, today announced that November 2015 U.S. trading volume was 2.5 billion shares and average daily volume (ADV) was 123 million shares. This compares to 2.7 billion shares and ADV of 122 million shares in October 2015 and 3.4 billion shares and ADV of 180 million shares in November 2014. There were 20 trading days in November 2015, 22 trading days in October 2015 and 19 trading days in November 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* | |||
| November 2015 | 20 | 2,460,035,408 | 123,001,770 | 49,381,976 | 249 | 7,661,910 | 13,647 | 30,043 | ||
| Year-to-Date: | 230 | 38,032,421,987 | 165,358,356 | 77,450,481 | 260 | 12,527,500 | 15,513 | 33,447 | ||
*Excluding shares crossed through POSIT Alert from ITG algorithms
International Trading Activity
The average daily trading commissions in November 2015 in ITG’s Canadian, European and Asia Pacific businesses were down a combined 3% compared to the third quarter of 2015.
“We continue to make meaningful progress in the customer win-back column,” said ITG interim CEO Jarrett Lilien, “although work remains to bring our trading back to the levels of the first half of 2015.”
These statistics are preliminary and may be revised in subsequent updates and public filings. U.S. 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 broker and financial technology provider 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.
ITG Media/Investor Contact: J.T. Farley (212) 444-6259 [email protected]
