Decisions at the Speed of Change 1/2012

ITG Investor Overview

May 2015

© 2015 Investment Technology Group, Inc. All rights reserved. Not tobe reproduced or retransmitted without permission. #043015-28261

SubtitleSubtitleInvestment Highlights

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International Growth

• ITG has achieved product parity with the U.S. in its three international operating regions (Europe, Canada and Asia Pacific)

• Both Europe and Asia Pacific set new revenue records in 1Q 2015.

Robust Balance Sheet

Competitive Platform

Strong Operating Leverage

• Operating model and disciplined expense management provide attractive opportunities for increased profitability

• Pre-tax margins on incremental revenue range from approximately 40% to 50% depending on operating region

• Unique, market-leading trading, analytical and research assets. Technology is being applied to new asset classes (FX, Fixed Income) and to improve market share in underpenetrated hedge fund segment

• ITG consistently ranks near the top of industry analyst surveys (Greenwich, Tabb, Aite) for products and client service

• Cash and equivalents of $206 million as of March 31, 2015

• Only $15 million in long-term debt

• Active share buyback program: $205 million in repurchases since 1Q10 have reduced share count, net of issuances, by 22%

• $0.07 quarterly dividend declared starting in 2Q15.

SubtitleSubtitleGlobal Product Groups

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Analytics

Platforms

Electronic Brokerage

Research, Sales & Trading

POSIT ® dark crossing in 34 countries

ITG Algorithms ® in 40 countries

ITG Smart Routing

POSIT FI live as of April 2015, POSIT FX in 2H 2015

Data-driven research in consumer, TMT and energy sectors. High touch and portfolio trading. Corporate access services.

ITG Triton ® broker-neutral execution management

ITG OMS ® and ITG Position Manager for Hedge Funds

ITG Net ® FIX connectivity to 650+ destinations

ITG TCA ® is the global market leader

Available for equities and foreign exchange

Pre-trade, real-time and post-trade analytics

SubtitleSubtitleGlobal Reach

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• ITG is headquartered in New York, with 1,078 employees worldwide

• 15 offices in 9 countries, including 9 trading desks

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International Opportunities

Europe

• Ranked #1 among large firms polled by Greenwich Associates in Europe for best anonymity in a dark pool

• POSIT had over 14% share of European dark trading in 1Q 2015

• Full suite of ITG products now available in Europe; Algo trading and POSIT access in 21 EMEA markets

Canada

• Top 10 institutional broker by market share

• Ranked #1 by Greenwich in electronic

trading, portfolio trading and algorithms

• Operates MATCH NowSM broker neutral crossing system, Canada’s largest dark pool

• Leading Canadian CSA broker; ranked #1 by Greenwich

Growing Segment

• 1Q 2015 Revenue for Europe, Asia Pacific and Canada comprised 46% of total revenues and almost 72% of total pre-tax income.

Asia

• New product offerings, secular shift towards electronic trading

• POSIT Marketplace launched in HK, Australia, Japan, Malaysia, Indonesia Singapore and the Philippines.

• Named Best Agency Broker by Asian Investor

• Move towards unbundling trading gaining traction with TCA research and CSAs

• Electronic trading 28%+ of Asia Pacific equity trading, according to Greenwich

SubtitleSubtitleITG at a Glance

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• Solid balance sheet, strong cash flow generation, active buyback program and quarterly dividend.

• Unique, market-leading assets for execution, research and trade analysis

• Solid international platform with significant growth opportunities

• Disciplined expense management increases operating leverage, resulting in 40-50% pre-tax margins on incremental revenue

SubtitleSubtitle

Second Quarter 2012 Earnings 1/2012

Appendices:Product Offerings

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SubtitleSubtitle

Second Quarter 2012 Earnings 1/2012 8

Electronic Brokerage

Featuring: ITG Algorithms

POSITClean, global dark liquidity. Average US Daily Volume of 92m shares in 1Q 2015

ITG AlgorithmsSophisticated strategies for equities and futures

ITG Smart RoutingOne-point high-speed connection to liquidity

ITG NetGlobal FIX connectivity with trading insights

ITG Trading ServicesGlobal expertise across asset classes

Featuring: POSIT Alert

• High-quality block crossing

opportunities with average trade size

(ex-algo) of 36,000 shares.• Ranked #1 for Dark Pool Access by The

Trade • #1 for Best Anonymity in a Dark Pool,

Greenwich Associates

• Algo trading available in 40 countries. Offer

algorithms for equities, futures and options• ITG Dynamic Open named best algo by

Wall Street Letter

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Featuring:

ITG Investment Research

ITG Industry Investment ResearchData-driven insights on more than 300 companies in 20+ sectors in Energy, Consumer, Internet and TMT areas

ITG High Touch and Portfolio TradingHigh touch traders provide expert execution coupled with ITG Investment Research insights. Seasoned portfolio traders provide high-touch and electronic list trading globally.

ITG Corporate AccessExperienced team offers individual and group events with corporate decision makers at companies across a range of industries.

• Exclusive data provider relationships • Groundbreaking, proprietary methods

for analyzing massive amounts of data• Highly skilled, quantitative research

followed by seasoned, expert analysis• Data-drivem economic notes and macro

reports

Research, Sales & Trading

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Featuring: Triton

Platforms

Featuring: ITG Net ®

• FIX connectivity and management to more

than 650 global destinations.• Industry-leading tools for pre-, intra-day,

and post-trade cost estimating.• Execution transparency to evaluate trading

and broker performance against the market

and your peers

• Sophisticated, broker-neutral EMS with

global connectivity, aligned to clients’ interests

and trading styles.• Alternative Trading System of the Year, Asian

Banker,

2014

ITG Execution Management SystemsGlobal, broker-neutral and multi-asset EMSs

ITG Order Management SystemsITG OMS: Global, multi-asset enterprise OMSITG Position Manager: Dedicated Hedge Fund OMS

ITG NetProviding EMS and OMS FIX connectivity with approximately 9,000 global connections.

ITG RFQ-hubMulti-asset platform for global listed and OTC assets.

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Analytics

Featuring: ITG TCA®

• The leader in assessing trading

performance to reduce costs and

improve fund rankings. Includes competitive

comparisons through ITG Peer Analysis™.• Named Top TCA provider by Waters and The Trade

ITG Trading AnalyticsAlpha preservation throughout the trading process

ITG Portfolio AnalyticsPortfolio modeling, optimization, and pricing

ITG Analytics ServicesInvestment process consulting to improve execution

Dynamic, interactive tool set to view real-time

market data, identify outliers, and forecast

long-term costs to improve performance during

a trade’s lifecycle.

Featuring: ITG Smart Trading Analytics

SubtitleSubtitleDisclaimers

•These materials are for informational purposes only, and are not intended to be used for trading or investment purposes or as an offer

to sell or the solicitation of an offer to buy any security or financial product.  The information contained herein has been taken from

trade and statistical services and other sources we deem reliable but we do not represent that such information is accurate or

complete and it should not be relied upon as such.  No guarantee or warranty is made as to the reasonableness of the assumptions or

the accuracy of the models or market data used by ITG or the actual results that may be achieved.  These materials do not provide

any form of advice (investment, tax or legal).  ITG Inc. is not a registered investment adviser and does not provide investment advice

or recommendations to buy or sell securities, to hire any investment adviser or to pursue any investment or trading strategy.  All

functionality described herein is subject to change without notice.

•Broker-dealer products and services are offered by: in the U.S., ITG Inc., member FINRA, SIPC; in Canada, ITG Canada Corp.,

member Canadian Investor Protection Fund (“CIPF”) and Investment Industry Regulatory Organization of Canada (“IIROC”); in

Europe, Investment Technology Group Limited, registered in Ireland No. 283940 (“ITGL”) and/or Investment Technology Group Europe

Limited, registered in Ireland No. 283939 (“ITGEL”) (the registered office of ITGL and ITGEL is First Floor, Block A, Georges Quay,

Dublin 2, Ireland and ITGL is a member of the London Stock Exchange, Euronext and Deutsche Börse). ITGL and ITGEL are

authorised and regulated by the Central Bank of Ireland; in Asia, ITG Hong Kong Limited (SFC License No. AHD810), ITG Singapore

Pte Limited (CMS Licence No. 100138-1), and ITG Australia Limited (AFS License No. 219582). All of the above entities are

subsidiaries of Investment Technology Group, Inc.  MATCH NowSM is a product offering of TriAct Canada Marketplace LP (“TriAct”),

member CIPF and IIROC.  TriAct is a wholly owned subsidiary of ITG Canada Corp.

12Disclaimers