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ITG Announces Ten New Managing Director Promotions

NEW YORK, Feb. 5, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), an independent execution and research broker, today announced the promotion of ten new Managing Directors. The new Managing Directors hold senior positions in client service, trading, technology, analytics, finance and human resources functions across the firm.

"ITG's people are the key to our successful 28-year track record as a leading partner to the institutional investment community and our Managing Directors are instrumental in providing day-to-day leadership for all of our teams," said Bob Gasser, ITG's Chief Executive Officer and President. "On behalf of our entire organization, I congratulate our new MDs on this significant achievement."

New Managing Directors:

Sabitha Arputham
Michael Barclay
Frank DiMarco
Brian Fenske
Michael Ferrante
Scott Kurland
Thomas Labenz
Kevin Law
Colleen Ruane
Sheryl Weaver

ITG has more than 1000 employees in 15 offices across 9 countries, delivering electronic brokerage, platforms, research and analytics services to institutional clients worldwide. Visit innovation.itg.com to hear first-person insights about working at ITG.

About ITG

ITG is an independent execution and research broker that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in New York with offices in North America, Europe, and Asia Pacific. For more information, please visit www.itg.com.

CONTACT: ITG Media Contact: J.T. Farley (212) 444-6259 corpcomm@itg.com

Source:Investment Technology Group Inc.