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]


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