Trade execution and multi-asset research broker, ITG, has reported its trading volumes for the month ending December 2014, yielding 4.0 billion shares that corresponded to 17.6% growth MoM from November.
ITG recently made headlines with its partnership with State Street and subsequent integration of ITG’s Triton EMS for its FX platform. Morevoer, back in October, ITG launched a new algo for institutional investors as a safer alternative to dark pools.
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ITG’s US total trading volume came in at 4.0 billion shares in December 2014, compared to 3.4 billion shares in November 2014 (17.6% jump MoM). Over a yearly timeframe, its volumes also swelled 33% YoY from 3.0 billion shares traded in December 2013.
Average daily volumes (ADV) presented a similar tale of growth in December 2014, coming in at 182 million shares – this corresponded to a marginal rise of 1.1% MoM from 180 million shares ADV in November 2013. December 2014’s ADV figure of 180 million shares does compare more favorably to December 2013, which only witnessed 141 million shares (29.1% rise YoY).