Investment Technology Group, a financial technology and brokerage firm, said that its consolidated US market share increased for the fifth consecutive month in December, to the highest level since July 2015.
Trading volume was 3.1 billion shares and average daily volume was 150 million shares last month, up from 2.8 billion shares traded in December 2015 with an average daily volume of 129 million shares.
In November last year, 3.3 billion shares were traded with an average daily volume of 159 million shares. Both November and December 2015 had an additional trading day compared with last month. Shares rose over 1% on Tuesday afternoon.