THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Investment Technology Group, Inc. (ITG)

3/29/2006 Proxy Information

Raymond Killian, Jr.Ős son, Michael G. Killian, is a sales trader in our Boston regional office. Michael KillianŐs annual compensation in 2005 was $200,562 and his target compensation for 2006 is $205,562.

In May 2004, the Company retained Mr. KillianŐs son, Steven Killian, as an independent consultant to assist in developing new strategies for our execution products. Steven Killian has extensive experience in portfolio management and quantitative execution strategies. In 2005, we incurred charges of $102,313 for such services. Steven Killian finished performing these services in June 2005.

3/15/2005 Proxy Information

In July 2002 and in connection with Raymond L. Killian Jr.'s previous retirement as chief executive officer of the company, we executed an employment agreement with Mr. Killian for the period of January 1, 2003 through December 31, 2006. Under the terms of this agreement, Mr. Killian acted as an advisor to the company and to the chief executive officer and devoted approximately one week per month to those duties. Mr. Killian was paid $600,000 per annum and was entitled to the same benefits generally made available to senior executives of the company. In addition, the agreement provided that Mr. Killian and his spouse would be entitled to medical benefits substantially similar to those made available to senior executives of ITG for the remainder of their lives. Under this agreement Mr. Killian received $415,000 in 2004. This agreement was terminated in connection with Mr. Killian becoming President and Chief Executive Officer of the company on September 10, 2004.

Mr. Killian's son, Michael G. Killian, is a sales trader in our Boston regional office. Michael Killian's annual compensation in 2004 was $135,000 and his target compensation for 2005 is $145,000.

In May 2004, the Company retained Mr. Killian's son, Steven Killian, as an independent consultant to assist in developing new strategies for our execution products. Steven Killian has extensive experience in portfolio management and quantitative execution strategies. In 2004, we incurred charges of $114,188 for such services. Through the end of February 2005, Steven Killian has been paid $33,375 for services rendered in 2005. We anticipate Steven Killian's compensation under this consulting arrangement will exceed $60,000 for year 2005.

3/15/2004 Proxy Information

In July of 2002 and in connection with Raymond L. Killian's retirement as chief executive officer of the company, we executed an employment agreement with Mr. Killian for the period of January 1, 2003 through December 31, 2006. Under the terms of this agreement, Mr. Killian acts as an advisor to the company and to the chief executive officer and will devote approximately one week per month to those duties. Mr. Killian is paid $600,000 per annum and is entitled to the same benefits generally made available to senior executives of the company. In addition, the agreement provides that Mr. Killian and his spouse will be entitled to medical benefits substantially similar to those made available to senior executives of ITG for the remainder of their lives.

3/28/2003 Proxy Information

In July of 2002 and in connection with Raymond L. Killian's retirement as chief executive officer of the company, we executed an employment agreement with Mr. Killian for the period of January 1, 2003 through December 31, 2006. Under the terms of this agreement, Mr. Killian will act as an advisor to the company and to the chief executive officer and will devote approximately one week per month to those duties. Mr. Killian will be paid $600,000 per annum and will be entitled to the same benefits generally made available to senior executives of the company. In addition, the agreement provides that Mr. Killian and his spouse will be entitled to medical benefits substantially similar to those made available to senior executives of ITG for the remainder of their lives.