ITG’s Trading Volumes Dip Lower in January

[kreslik.news]

ITG (NYSE:ITG), an independent execution broker and financial technology provider, has disclosed its latest batch of monthly of statistics for the month of January 2017. The latest figures underscored a month-over-month decline at the brokerage, which saw volumes trend lower despite higher volatility.

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December’s volume pullback was largely attributed to a dearth of volatility as well as a seasonal lull in terms of trading and market activity. Moreover, the month prior featured the US election, which explains the decline in overall volumes.

This was not the case ... (read more)