ITG Releases June 2005 U.S. Trading Statistics
NEW YORK, July 11 /PRNewswire-FirstCall/ -- Investment Technology Group, Inc. ("ITG") (NYSE:ITG), a leading provider of technology-based equity trading
services and transaction research, today announced that U.S. trading volume was
2.5 billion shares for the month ended June 30, 2005, averaging 111 million
shares per trading day. This compares to 1.9 billion shares (91 million per
trading day) in May 2005 and 1.5 billion shares (81 million per trading day) in
June 2004.
There were 22 trading days in June 2005, compared to 21 trading days in May
2005, and 18 trading days in June 2004.
Monthly volume statistics are preliminary, and accordingly may be revised in
subsequent updates and public filings. Volume statistics are posted on ITG's
Web site, http://www.itginc.com/, and are also available via a downloadable
spreadsheet file.
ITG U.S. Trading Activity Total U.S. # of Total U.S. Average U.S. Shares Trade Volume Daily
Days Volume June: 22 2,452,991,623 111,499,619
Year-to-Date: 125 12,246,028,069 97,968,225
About ITG
ITG is headquartered in New York with offices in Boston, Los Angeles, Dublin,
Hong Kong, London, Melbourne, Sydney, Tel Aviv and Toronto. As a leading
provider of technology-based equity trading services and transaction research
to institutional investors and brokers, ITG helps clients to access liquidity,
execute trades more efficiently and make better trading decisions. ITG
generates superior trading results for its clients through three lines of
business. POSIT(R), the world's largest equity matching system, allows clients
to trade confidentially. The Electronic Trading Desk is recognized as one of
the leading program trading operations in the U.S. ITG's leading-edge Client-
Site Trading Products allow users to implement their own trading strategies by
providing direct electronic access to most sources of market liquidity. For
additional information, visit http://www.itginc.com/ .
In addition to historical information, this press release may contain
"forward-looking" statements, as defined in the Private Securities Litigation
Reform Act of 1995, that reflect management's expectations for the future. A
variety of important factors could cause results to differ materially from such
statements. These factors include the company's ability to achieve expected
future levels of sales; the actions of both current and potential new
competitors; rapid changes in technology; financial market volatility; general
economic conditions in the United States and elsewhere; evolving industry
regulation; cash flows into or redemption from equity funds; effects of
inflation; customer trading patterns; and new products and services. These and
other risks are described in greater detail in the company's Annual Report on
Form 10-K for the fiscal year ended December 31, 2004, and other documents
filed with the Securities and Exchange Commission and available on the
company's web site.
Contacts:
Howard C. Naphtali Maureen Murphy
Chief Financial Officer Investor Relations
(212) 444-6160 (212) 444-6323
DATASOURCE: Investment Technology Group, Inc.
CONTACT: Howard C. Naphtali, Chief Financial Officer, +1-212-444-6160, Maureen Murphy, Investor Relations, +1-212-444-6323, both for ITG Web site: http://www.itginc.com/
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