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ITG Reports Third Quarter 2016 Results

Announces Reserve for Inquiry into Discontinued Securities Lending Operations Asia Pacific Operations Return to Profitability NEW YORK, Nov. 09, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today reported results for the quarter ended September 30, 2016. Third Quarter 2016 Highlights GAAP net loss of $23.9 million, or $0.73 per share compared to GAAP net income of $2.7 million, or $0.08 per share for the third quarter of 2015. GAAP results for the third quarter of 2016 include the establishment of a reserve for the potential settlement of an SEC inquiry into activity involving pre-release American Depositary Receipts...

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