About ITG
ITG is a Technology company based in New York (United States) founded in 1987, and was acquired by Virtu in November 2018. Technology-enabled trading solutions are offered to brokers and asset managers. The company has 517 employees. ITG has completed 4 acquisitions, including ESP Technologies, Hoeniggroup and MacGregor. ITG offers products and services including Execution Services, Workflow Technology, Liquidity Sourcing, and Trading Analytics. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its legal entity is VIRTU Financial Inc. Its competitors include GAIN Capital, ION Group and Capitolis; 3 of its 3 listed competitors have raised funding.
Company details
ITG was founded in 1987 and is headquartered in New York, United States. Operations focus on the financial technology sector, where electronic block crossing, alternative trading systems, portfolio trading, and algorithms are provided. Additional services include trading tools, execution management systems, commission management systems, and transaction cost analysis platforms, supporting brokers and asset managers in investor return optimization.
- Annual Revenue$3.24 B (USD)112as on Dec 31, 2020
- EBITDA$1.64 B (USD)as on Dec 31, 2020
- InvestorsVirtu
& 1 more
- Employee Count517
- Investments & AcquisitionsESP Technologies
& 3 more
- Acquired byVirtu
(Nov 2018)
Products & Services of ITG
ITG offers a comprehensive portfolio of products and services, including Execution Services, Workflow Technology, Liquidity Sourcing, and Trading Analytics.
Delivers electronic and high-touch trading execution for clients.
Provides broker-neutral platforms for trading workflows.
Offers tools for accessing global liquidity sources.
Supplies analytics for trading performance and insights.
Funding Insights of ITG
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of ITG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 1999 | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in ITG
ITG has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Virtu and MCI Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage companies are invested in and developed by MCI Capital. | 1999 | mci.pl | Warsaw, Poland | |
Trade-related processes are managed via customizable solutions and technologies. | 2008 | virtu.com | New York, United States |
Investor details for ITG
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of ITG
329 people are tracked at ITG (64 in leadership, 9 in board & advisors, 256 in team); the tracked headcount is 517.
| Name | Role | Group |
|---|---|---|
Brett Fairclough | Co-President & Co-COO | Leadership |
Stephen Cavoli | EVP, Global Head of Execution Services | Leadership |
Douglas Cifu | CEO | Leadership |
Kevin O’Connor | Head, Analytics & Workflow Solutions | Leadership |
Michael Sparkes | Regional Head Emea, Virtu Analytics | Leadership |
Chris Briggs | Director, Global Production Services & Client Onboarding (multi Asset Tca) | Leadership |
Aaron Simons | EVP & Chief Technology Officer | Leadership |
Alasdair Thomson | Co-Head & COO, APAC | Leadership |
Joseph Molluso | Co-President & Co-COO | Leadership |
Yann Kwan | Regional Head Of Business Deveopment For Analytics | Leadership |
Pegah Esmaeili | Head Of Nordic Region | Leadership |
Andrea Pesenti | Head Of European Operations | Leadership |
Mary Mooney | Co-chief People Officer | Leadership |
Rob Boardman | CEO, Virtu Execution Services, EMEA | Leadership |
Cindy Lee | Chief Financial Officer | Leadership |
Tak Wong | Global Head Of Software Development, Workflow Technology | Leadership |
Lance Whitman | Vice President | Leadership |
Dixee Kimball | Global Head Of FX Trading | Leadership |
Sean Whyte | VP / Principal Software Engineer | Leadership |
Neeraj Aggarwal | Global Head Of Client Technology | Leadership |
309 more people are available in the full profile.
Complete people profiles for ITG
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Investments & Acquisitions by ITG
ITG has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ESP Technologies, Hoeniggroup and MacGregor.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Limited information available | esptechnologies.com | United States | 2002 | Dec 2010 | •••• | |
Financial equity research services are provided to investors and institutions. | majesticresearch.com | New York, United States | 2002 | Oct 2010 | $56M | |
Cargo and load handling solutions and services are provided. | macgregor.com | Mumbai, India | 1929 | Jul 2005 | $230M | |
Data science, generative AI, and digital strategy services are provided. | hoeniggroup.com | 0 | Sep 2002 | $105M |
Complete acquisition details for ITG
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- Acquired stakes
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- Exports
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Timeline of ITG
8 dated milestones of ITG across 31 years, from founding to its latest funding, stage changes and deals.
- Founded ITG is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Acquisition Acquires Hoeniggroup.
- Acquisition Acquires MacGregor.
- Acquisition Acquires Majestic Research.
- Acquisition Acquires ESP Technologies.
- Exit Acquired by Virtu.
Competitors of ITG
ITG has 3 listed competitors in our database, 3 of them funded. They include GAIN Capital, ION Group and Capitolis.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gaincapital.com | 1999 | Bedminster, United States | $175.5M | 252 | White-label front-end trading solutions for capital markets are provided. | |
| iongroup.com | 1998 | New York, United States | $400M | 988 | Treasury management solutions are provided for financial institutions and banks. | |
| capitolis.com | 2016 | New York, United States | $478.46M | 62 | Trade management solutions are provided for investors in capital markets. |
Detailed competitors of ITG
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Web traffic of ITG
Websites that share an audience with ITG (itg.com).
Websites whose visitors overlap most with ITG. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fidessa.com | 100% | 1.2K | #8,795,501 | View details | |
| crd.com | 99% | 26.3K | #1,003,468 | View details | |
| jonestrading.com | 93% | 3.7K | #4,754,042 | View details | |
bloombergtradebook.com | bloombergtradebook.com | 89% | – | ||
| ml.com | 88% | 15.7M | #3,283 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for ITG
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- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as ITG (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Itg
Complete news archive for ITG
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Frequently Asked Questions about ITG
ITG was founded in 1987 and raised its 1st funding round 12 years after it was founded.
ITG is headquartered in New York, United States. It is registered at New York, New York, United States.
ITG has 517 employees.
Annual revenue of ITG is $3.24B as on Dec 31, 2020.
ITG was founded in 1987 and is headquartered in New York, United States. Operations focus on the financial technology sector, where electronic block crossing, alternative trading systems, portfolio trading, and algorithms are provided. Additional services include trading tools, execution management systems, commission management systems, and transaction cost analysis platforms, supporting brokers and asset managers in investor return optimization.
ITG's top competitors include Capitolis, ION Group and GAIN Capital.
ITG offers Execution Services, Workflow Technology, Liquidity Sourcing, and Trading Analytics.
ITG has made 4 acquisitions, including ESP Technologies, Hoeniggroup, and MacGregor.
ITG has 2 investors. Key investors include Virtu, and MCI Capital.
ITG operates through Virtu Financial Inc..
Yes. ITG was acquired by Virtu in November 2018.