Investment Technology Group, Inc. · New York, NY United States ·(NYSE: ITG)
Company Description
Phone: 212-588-4000
Fax: 212-444-6295
Toll Free: 800-215-4484
Rankings
- S&P 600
View Investment Technology Group, Inc. Locations On A US Map
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This link will open in a new window As its name implies, Investment Technology Group (ITG) combines technology with investing. The company provides automated equity trading products and services related to order management and execution management; it serves institutional investors and brokers throughout the trading process, from analysis before the trade to post-trading evaluation. Core products include its Portfolio System for Institutional Trading (POSIT) crossing system, which lets institutional clients confidentially trade shares and stock portfolios among themselves; ITG Algorithms; and ITG Logic, for risk management. The company is active in Asia, Australia, Canada, Europe, and the US. To read the full description, subscribe now.
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Key Investment Technology Group, Inc. Financials
| Company Type | Public - NYSE: ITG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $763.0 |
| 2008 Employees | 1,323 |
Investment Technology Group, Inc. Executives
30 executives listed for Investment Technology Group, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman | Maureen O'Hara | Network |
| President, CEO, and Director | Robert Gasser | Network |
| Managing Director and CFO | Howard Naphtali | Network |
Competition
Competitive Landscape for Investment Technology Group, Inc.
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.Top Investment Technology Group, Inc. Competitors
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