KCG Trading Volumes Maintain Stability MoM in June 2017

Monday, 17/07/2017 | 18:10 GMT by Finance Magnates Staff
  • Retail and institutional securities trading service provider releases June results.
KCG Trading Volumes Maintain Stability MoM in June 2017
Bloomberg

KCG Holdings Inc. (KCG), a provider of retail and institutional securities trading services, has released the results of its volumes and metrics for the month of June 2017 which appears to have maintained May 2017’s stability.

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US Equities

KCG’s US equities average daily volume (ADV) reached $28.7 billion, up 3.75 percent month-on-month, compared to May 2017’s $27.7 billion. Compared to the $27.1 billion noted in June 2016, this is an increase of 5.9 percent.

Total Shares

The total trades ADV came to $9 billion in June 2017, up 3.6 percent month-on-month, from the preceding May’s $8.7 billion. The growth from this time last year was far more impressive, as it more than doubled from $4 billion.

Institutional and Consolidated

The KCG institutional US equity shares ADV was estimated at 195.8 million, down 3.4 percent, compared to 202.7 million. This time last year the average was 221.4 million - this is a decrease of 11.6 percent decrease.

The consolidated US Equity ADV reached $294.7 billion in June 2017, up 9.84 percent from May’s $268.3 billion.

In June, KCG reported its volumes for May 2017, which showed a steady increase in comparison to the previous April. One of the major drivers seems to be the higher Volatility in US equity markets, following by remarkable highs across a number of stock indices.

KCG Holdings Inc. (KCG), a provider of retail and institutional securities trading services, has released the results of its volumes and metrics for the month of June 2017 which appears to have maintained May 2017’s stability.

The London Summit 2017 is coming, get involved!

[gptAdvertisement]

US Equities

KCG’s US equities average daily volume (ADV) reached $28.7 billion, up 3.75 percent month-on-month, compared to May 2017’s $27.7 billion. Compared to the $27.1 billion noted in June 2016, this is an increase of 5.9 percent.

Total Shares

The total trades ADV came to $9 billion in June 2017, up 3.6 percent month-on-month, from the preceding May’s $8.7 billion. The growth from this time last year was far more impressive, as it more than doubled from $4 billion.

Institutional and Consolidated

The KCG institutional US equity shares ADV was estimated at 195.8 million, down 3.4 percent, compared to 202.7 million. This time last year the average was 221.4 million - this is a decrease of 11.6 percent decrease.

The consolidated US Equity ADV reached $294.7 billion in June 2017, up 9.84 percent from May’s $268.3 billion.

In June, KCG reported its volumes for May 2017, which showed a steady increase in comparison to the previous April. One of the major drivers seems to be the higher Volatility in US equity markets, following by remarkable highs across a number of stock indices.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
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