ITG Releases May 2015 U.S. Trading Volumes
ITG (NYSE:ITG), a leading independent execution broker and research provider, today announced that May 2015 U.S. trading volume was 3.6 billion shares and average daily volume (ADV) was 182 million shares. This compares to 3.9 billion shares and ADV of 184 million shares in April 2015 and 3.0 billion shares and ADV of 144 million shares inMay 2014. There were 20 trading days in May 2015 and 21 trading days in both April 2015 and May 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* | |||
| May 2015 | 20 | 3,638,037,972 | 181,901,899 | 91,197,700 | 268 | 14,483,105 | 14,853 | 34,033 | ||
| Year-to-Date: |
102 |
19,171,329,238 |
187,954,208 |
92,988,849 |
264 |
16,514,234 |
16,523 |
34,781 |
||
| *Excluding shares crossed through POSIT Alert from ITG algorithms | ||||||||||
During May 2015 there was a continued high percentage of trading activity from sell-side clients as compared to the level in the first quarter of 2015, reducing the 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.
Source: ITG – Releases May 2015 U.S. Trading Volumes
