ITG Dec. U.S. Trading Volume Up - Quick Facts

(RTTNews) - ITG (ITG), an independent execution and research broker, reported that U.S. trading volume was 4.0 billion shares and average daily volume or ADV was 182 million shares in December 2014. This compares with 3.4 billion shares and ADV of 180 million shares in November 2014 and 3.0 billion shares and ADV of 141 million shares in December 2013. There were 22 trading days in December 2014, 19 trading days in November 2014 and 21 trading days in December 2013.

Further 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.

In the 2014 fourth quarter, there was an increase in lower-rate quantitative and index rebalance trading activity as well as continued activity within the sell-side segment from lower-rate clients, adversely impacting overall average revenue per share.