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ITG June trading volume rises 5 percent



By AP
09 July 2008 @ 09:05 am ET

NEW YORK - Investment Technology Group Inc., a provider of electronic trading tools, said Wednesday average daily trading volume in June rose 5 percent on increased market volatility.

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ITG 21.95 0

An average of 206.1 million shares were traded daily in June, compared with 197 million shares during the year-ago period and 177 million shares per share in May.

For the year, an average of 205.8 million shares have been traded each day.

ITG also said it expects total non-U.S. revenue to be between $48 million and $49 million, resulting in earnings of 2 cents to 3 cents per share, for the second quarter.

(This version CORRECTS Corrects 4th paragraph to indicate that per share figures are for earnings)

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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