ITG’s Revenues Up 39% For the Third Quarter
EARNINGS REPORT
NEW YORK--Investment Technology Group (ITG), a provider of technology-based equity trading services, reported an increase of 39 percent in third quarter revenues to $75.7 million from $54.6 million last year. ITG’s net income rose 31 percent to $15.4 million from $11.1 million for the third quarter of 1999.
Trading volumes on ITG’s electronic systems increased 45 percent during the third quarter as the company posted a total volume of 3.96 billion shares, the second highest share volume in
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