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ITG (NYSE:ITG), an independent execution broker and financial technology provider, reported its US trading volumes for the month ending March 2016, which included an uptick in its total volumes amidst a YTD uptick, according to an ITG statement.
ITG’s total trading volumes stood at 3.5 billion shares and with its average daily volume (ADV) registering 159 million shares for March 2016. This was reflective of a MoM increase volumes, correlating to a rise of 4.4% from 3.4 billion shares set back in February 2016. ADV did decline from 167.5 million shares in March 2016, or -5.1% MoM from February though this ... (read more)