Investment Technology Group Posts Drop in May U.S. Trading Volume, Average Daily Volume

Investment Technology Group (ITG) reported May 2014 U.S. trading volume of 3 billion shares, down from 3.3 billion in April 2014 and 3.8 billion in May 2013.

The trading-execution-and-research broker also posted a drop in average daily volume to 144 million shares in May 2014, down from 156 million in April 2014 and 173 million in May 2013.

The May results put its year-to-date total U.S. volume at 16.32 billion shares, with average daily volume of 158.4 million shares.

ITG was inactive in recent pre-market trading after closing Friday at $19.20, near the high end of its 52-week range of $13.64 to $20.87.

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Elizabeth Clark, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Elizabeth Clark, you can write at [Elizabeth.Clark@downtownleader.com ].

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