ITG announced the launch of Smart Trading Monitor, the latest feature in the ITG Smart Trading Analytics suite. Smart Trading Monitor is a web-based dynamic TCA tool which enables institutional traders and portfolio managers to track global equity trading performance in real-time. Smart Trading Monitor is powered by order and execution data routed over ITG Net, a global FIX network. Smart Trading Monitor is a flexible web and mobile accessible application, integrated with ITG's Triton(R) execution management system and ITG OMS and compatible with most third-party OMS or EMS platforms. Smart Trading Monitor is the latest tool in ITG's suite of pre- and post-trade analytics which empower traders and portfolio managers to predict costs that may otherwise be overlooked and adjust their tactics prior to and during the trade.

Investment Technology Group Inc. announced unaudited consolidated earnings and U.S. operations results for the first quarter ended March 31, 2013. For the quarter, the consolidated company reported total revenues were $132.05 million against $136.37 million a year ago. Income before taxation was $10.95 million against $8.49 million a year ago. Net income was $8.6 million against $5.46 million a year ago. Diluted earnings per share were $0.22 against $0.14 a year ago. Adjusted pre-tax operating income was $12.28 million, adjusted operating net income was $9.41 million or $0.24 adjusted diluted operating earnings per share. For the quarter, the company’s U.S. operations reported total Revenue was $81.24 million compared to $84.6 million in the first quarter of 2012. The company’s U.S. operations posted GAAP net income of $4.5 million and adjusted net income of $5.3 million in the first quarter of 2013, compared to net income of $1.7 million in the first quarter of 2012. Income before income tax benefit was $5.74 million, adjusted pre-tax operating income was $7.07 million, $0.12 diluted earnings per share and adjusted operating net income was $9.41 million or $0.24 adjusted diluted operating earnings per share.

ITG announced the launch of a new hosted solution for ITG Order Management System (formerly known as Macgregor XIP). This new web-based solution offers a robust, cost-effective alternative to traditional OMS deployments for use by both long-only institutional investors and hedge funds. The ITG OMS hosted solution also provides real-time market data capabilities, redundant FIX connectivity and Disaster Recovery functionality. This innovation enables smaller asset managers and hedge funds to deploy ITG OMS, while larger institutions will be attracted by the built-in Disaster Recovery capabilities and FIX redundancy. ITG OMS is available as a hosted solution as well as a traditional local installation. It offers broker-neutral multi-asset trading, compliance and portfolio management capabilities as well as seamless integration with ITG's Triton(R) execution management system and most third-party EMS platforms.