KCG Holdings October Volumes Slide Overall as Volatility Abates

KCG Holdings, Inc. (NYSE: KCG), a comprehensive securities trading Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, has just released its latest trading statistics for the month ending October 2016, which reversed off of a previous uptick seen last month in terms of its of overall metrics, according to a KCG statement.

During October 2016, KCG reported an average daily US equities market making figure of $25.9 billion traded, which fell lower by -10.4% MoM compared to $28.9 billion back in September 2016. Lower Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term appears to have been one of the largest impetuses for this decline, which came off a very busy September.

Moreover, October 2016’s volumes also reflected a YoY pullback by a margin of -14.5% YoY from $30.3 billion set back in October 2015.

Equities ADV Shines

KCG’s total average daily shares traded during October 2016 yielded 3.19 million shares, down from 3.47 million shares back in September 2016, or -8.1% MoM. The decline was even more pronounced over a yearly timetable, retreating -15.2% YoY from 3.76 million shares per day back in October 2015.

KCG’s equities business did managed to gain some ground in October 2016, reporting a total average daily shares traded of 6.3 million trades, registering a growth of 57.5% MoM from 4.0 million trades per day in September 2016. Across a yearly interval, KCG’s equities business was also higher by 31.2% YoY relative to October 2015, having reported 4.8 million trades per day.

At the time of writing, KCG share prices are still well below a 52-week high of $15.21. Presently share prices are operating at $13.87 ahead of the US open Monday.