BTIG Announces Equity Trading Milestones Achieved in 2020 – Firm Recognized for Execution Quality and Record Volume
New York – March 17, 2021 – BTIG announced today that in 2020 the firm surpassed several key milestones for its U.S. Institutional Equities business. According to a leading market share survey, BTIG achieved its highest full-year U.S. high-touch equity trading market share position and ranking. The firm ranked in the top 10 by institutional commissions.
In 2020, BTIG also executed record volume across its equity division. These achievements were especially notable as they signaled the firm’s continued growth and momentum during the volatile market conditions of 2020. Additionally, BTIG has been ranked as a top equity trading firm by Pensions & Investments in its quarterly TRADEWATCH broker rankings published on March 8, 2021.
Pensions & Investments TRADEWATCH Q4 2020 highlights include the following:
BTIG captured the #1 position for quality of execution across the following categories:
Trades by Market Cap
- #1 Trader for Large Cap Trades
Trades by Order Size
- #1 for Large Orders: 50,000 Shares or More
- #1 for Small Orders: 10,000 Shares or Less
Trades by Liquidity
- #1 for 50%+ of Daily Volume
The firm also ranked within the Top 10 in the following categories:
- All Trading – U.S. Brokers
- Trades by Market Cap – Giant Cap, Midcap, Small Cap and Microcap
- Trades by Order Size – Medium Orders: 10,000 – 50,000 Shares
- Trades by Liquidity – 0-20% of Daily Volume and 20-50% of Daily Volume
BTIG’s equity trading franchise serves more than 3,500 clients every month. “We are pleased with this recognition for our Institutional Equity Trading business,” commented Corey Popham, Managing Director and Head of U.S. Cash Equities at BTIG. “Collectively, we are proud of our consistent growth and the skill of our professional sales and trading teams. Delivering high-quality execution continues to be a top priority for BTIG, and we are excited to see the results in the execution rankings and our growing market share.”
Click here to access BTIG’s rankings by Pensions & Investments TRADEWATCH Q4 2020.
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 650 employees, BTIG, LLC and its affiliates operate out of 19 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.
About Pensions & Investments TRADEWATCH Q4 2020 Methodology:
According to Pensions & Investments, the TRADEWATCH Broker Rankings rank by difference in cost/savings against the Elkins/McSherry Arrival Price universe, based on the top 50 brokers in each category by U.S. dollar volume. Rolling four-quarter data are as of Dec. 31, 2020. Source: Elkins/McSherry, a State Street company.