| | Business Summary | | Investment
Technology
Group,
Inc.
provides
equity
trading
services
and
transaction
research
to
institutional
investors
and
brokers
in
the
United
States,
Canada,
Australia
and
Europe.
The
Company
is
a
full-service
trade
execution
firm
that
uses
technology
to
increase
the
effectiveness
and
lower
the
cost
of
trading.
The
Company
offers
services
that
include
POSIT;
QuantEX;
SmartServers;
Electronic
Trading
Desk;
ITG
Platform;
ACE
and
TCA;
ITG/Opt;
ITG
Access,
and
Research:
The
Company
generate
revenues
on
a
per-transaction
basis
for
all
orders
executed.
Orders
are
delivered
to
the
Company
from
its
front-end
software
products,
QuantEX,
ITG
Platform
and
ITG
Access,
as
well
as
other
vendors'
front-ends
and
direct
computer-to-computer
links
to
customers.
Orders
may
be
executed
on
or
through
POSIT,
the
New
York
Stock
Exchange,
certain
regional
exchanges,
market
makers,
electronic
communication
networks
systems
that
trade
equity
securities
and
alternative
trading
systems. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Investment
Technology
provides
automated
equity
trading
services
and
transaction
research
to
institutional
investors
and
brokers
through
its
wholly
owned
subsidiary,
ITG
Inc.
For
the
six
months
ended
6/30/01,
revenues
rose
18%
to
$186.6
million.
Net
income
rose
19%
to
$40.1
million.
Revenues
benefitted
from
increased
commissions
from
Client
Site
Products
and
the
Electronic
Trading
Desk.
Earnings
also
reflect
a
$309
thousand
gain
on
the
sale
of
ITG
Europe. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Raymond Killian, Jr., 63
Chairman,
Pres, CEO | $1.0M | $19M | Howard Naphtali, 47
Managing
Director and CFO | -- | -- | David Cushing, 39
Managing
Director | -- | -- | Christopher Heckman, 40
Managing
Director | 1.5M | 165K | Timothy Hosking, 42
Managing
Director | -- | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/itg.gif)