ITG Posts Strong Trading Volumes in September
- Overall, the company has presented some strong trading volumes for September 2017.
Independent Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term broker and financial technology provider ITG (NYSE:ITG) has released its trading volumes for September 2017. The numbers show a slight decrease in the overall volume when compared to the August but a good improvement for its daily average trading volume (ADV).
The total volume of shares traded in September 2017 was 2.6 billion, which is slightly less than the 2.7 billion shares traded in August 2017 and the 2.7 billion shares traded in September 2016.
It should be noted however that September 2017 had only 20 trading days while August 2017 had 23. Thus September's ADV was 130 million shares, which was 11.11 percent more than that of August 2017. This was also 1.5 percent more than the ADV in September of last year.
ITG’s POSIT, an indications matching network, had an average volume of 53.6 million shares in September, a 1.9 percent improvement month-on-month. But this was 10.1 percent drop from the year to date volume for 2017.
As far as international trading activity in ITG’s Canadian, European and Asian businesses is concerned, the company reported that commissions were 2 percent higher for September than in the previous quarter.
Overall, the company has presented some strong trading volumes for September 2017 as compared to the previous month which augurs well for the coming months. This also reflects the fact that Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term has picked up in the markets over the last month, which has increased trading activity.
Independent Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term broker and financial technology provider ITG (NYSE:ITG) has released its trading volumes for September 2017. The numbers show a slight decrease in the overall volume when compared to the August but a good improvement for its daily average trading volume (ADV).
The total volume of shares traded in September 2017 was 2.6 billion, which is slightly less than the 2.7 billion shares traded in August 2017 and the 2.7 billion shares traded in September 2016.
It should be noted however that September 2017 had only 20 trading days while August 2017 had 23. Thus September's ADV was 130 million shares, which was 11.11 percent more than that of August 2017. This was also 1.5 percent more than the ADV in September of last year.
ITG’s POSIT, an indications matching network, had an average volume of 53.6 million shares in September, a 1.9 percent improvement month-on-month. But this was 10.1 percent drop from the year to date volume for 2017.
As far as international trading activity in ITG’s Canadian, European and Asian businesses is concerned, the company reported that commissions were 2 percent higher for September than in the previous quarter.
Overall, the company has presented some strong trading volumes for September 2017 as compared to the previous month which augurs well for the coming months. This also reflects the fact that Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term has picked up in the markets over the last month, which has increased trading activity.