Search
Search
06.08.2016
From The Markets

ITG Releases May 2016 U.S. Trading Volumes

06.08.2016
Share
Tweet
Share
GLOBE NEWSWIRE. com –NEW YORK –ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that May 2016 U.S. trading volume was 2.6 billion shares and average daily volume (ADV) was 124 million shares. This compares to 2.7 billion shares and ADV of 129 million shares in April 2016and 3.6 billion shares and ADV of 182 million shares in May 2015. There were 21 trading days in both May 2016 andApril 2016 and 20 trading days in May 2015.

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*
May 2016 21   2,600,661,892   123,841,042 48,375,790 267 9,937,719 15,356 33,588
YTD 2016 103 15,179,761,555   147,376,326 58,488,808 274 12,094,347 15,670 33,939

*Excluding shares crossed through POSIT Alert from ITG algorithms      

International Trading Activity
The average daily trading commissions in May 2016 in ITG’s Canadian, European and Asia Pacific businesses were down approximately 8% on a combined basis as compared to the first quarter of 2016.

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 applies technology and trading expertise to reduce implementation costs, helping clients improve investment performance. An independent broker established in 1987, ITG provides liquidity, execution, analytics and workflow solutions to leading asset management and brokerage firms. Investment Technology Group, Inc. (NYSE:ITG) has offices in Asia Pacific, Europe and North America and offers trading services in more than 50 countries. For more information, please visit www.itg.com.

Share
Tweet
Share

Markets Media Follow

Digital publisher covering trading & technology in capital markets. @marketsmedia @traders_tweets @FIXGlobalOnline @TheBondDesk @BestExecution @DerivSource

marketsmedia
Load More

Related articles

  1. From The Markets

    Eurex Frankfurt Names Robbert Booij as CEO

    Michael Peters will retire in September 2024 after almost 30 years.

    01.31.2024 By Shanny Basar , Senior Writer
  2. Daily Email Feature

    Five Months until T+1: In FX, Time is of the Essence

    The industry must embrace a new way of thinking to ensure a smooth transition.

    12.19.2023 By Scott Gold, BidFX ,
  3. Daily Email Feature

    2024: A Year for Doubling Down on Data-Driven Decision Makin...

    Banks can seize an advantage by harnessing the power of untapped transaction data. 

    12.18.2023 By Matthew Hodgson, Mosaic Smart Data ,
  4. Daily Email Feature

    FX Trading Q&A: Chip Lowry

    Newly retired State Street Global Advisors exec discusses the evolution of the FX market, and current challeng...

    08.22.2023 By Markets Media ,
  5. Daily Email Feature

    Finding Value in Fixed Income Trading Technology

    Understanding value can help firms focus efforts and make effective strategy and spending decisions.   

    08.09.2023 By Patrick Wegner, Celent ,