KCG Holdings Sees Monthly Volumes Rebound Higher in December

Friday, 15/01/2016 | 13:13 GMT by Jeff Patterson
  • In December 2015, KCG’s figures came in at $28.4 billion traded, or 2.9% MoM from $27.6 billion in November 2015.
KCG Holdings Sees Monthly Volumes Rebound Higher in December
(Photo: Bloomberg)

KCG Holdings, Inc. (NYSE: KCG) has reported its trading volumes for the month ending December 2015, having seen its figures rise slightly since the prior month, according to a KCG statement.

Last month, KCG Holdings saw its average daily US Equities market making come in at $27.6 billion traded during November 2015, which marked an -8.9% drop MoM, along with a YoY decline of -5.8%.

During December 2015 however, KCG’s figures snapped out of a tight consolidation to orchestrate a tepid growth, with its average daily US equities market making coming in at $28.4 billion traded, or 2.9% MoM from $27.6 billion in November 2015. However, over a yearly timeframe, volumes did Yield a decline, to the tune of a -5.6% YoY retreat from $30.1 billion in December 2014.

In addition, the total average daily shares traded at KCG were reported at just 4.6 billion shares in December 2015, which was lower from November 2015’s figure of 4.7 billion shares and a consecutive monthly decline, or -2.2% MoM and marks the third consecutive month of a diminishing figure.

Meanwhile, total average daily trades yielded just 3.7 million trades per day in US equities during December 2015, jumping 5.7% MoM from 3.5 million trades in November 2015.

At the time of writing, KCG share prices have continued their largely unabated decline since the beginning of December, currently settling at the $11.00 handle ahead of the US open Friday. Despite the drop, KCG share prices still sit comfortably above its 52-week low of $9.75 set this past August despite a very low P/E of just 4.25.

KCG-Equity-Volumes-Traded

KCG Holdings, Inc. (NYSE: KCG) has reported its trading volumes for the month ending December 2015, having seen its figures rise slightly since the prior month, according to a KCG statement.

Last month, KCG Holdings saw its average daily US Equities market making come in at $27.6 billion traded during November 2015, which marked an -8.9% drop MoM, along with a YoY decline of -5.8%.

During December 2015 however, KCG’s figures snapped out of a tight consolidation to orchestrate a tepid growth, with its average daily US equities market making coming in at $28.4 billion traded, or 2.9% MoM from $27.6 billion in November 2015. However, over a yearly timeframe, volumes did Yield a decline, to the tune of a -5.6% YoY retreat from $30.1 billion in December 2014.

In addition, the total average daily shares traded at KCG were reported at just 4.6 billion shares in December 2015, which was lower from November 2015’s figure of 4.7 billion shares and a consecutive monthly decline, or -2.2% MoM and marks the third consecutive month of a diminishing figure.

Meanwhile, total average daily trades yielded just 3.7 million trades per day in US equities during December 2015, jumping 5.7% MoM from 3.5 million trades in November 2015.

At the time of writing, KCG share prices have continued their largely unabated decline since the beginning of December, currently settling at the $11.00 handle ahead of the US open Friday. Despite the drop, KCG share prices still sit comfortably above its 52-week low of $9.75 set this past August despite a very low P/E of just 4.25.

KCG-Equity-Volumes-Traded
About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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