KCG Reports May Volumes, US Market Making Falls MoM

Saturday, 13/06/2015 | 08:43 GMT by Jeff Patterson
  • KCG's US volumes could not get back on track during May, once again failing to rise MoM despite a strong YoY growth.
KCG Reports May Volumes, US Market Making Falls MoM

KCG Holdings, Inc. (NYSE: KCG) has just revealed its trading volumes for the month ending May 2015, according to a KCG statement.

Last month, KCG’s reported its average daily US equities market making at $29.5 billion traded during April 2015 – volumes overall were largely mixed across a number of its assets.

KCG’s average daily US Equities market making came in at $27.47 billion traded during May 2015, falling -6.7% MoM from $24.1 billion in April 2015. Over a yearly timeframe, volumes rose 14.0% YoY from $24.1 billion in May 2014.

Moreover, total average daily shares traded at KCG were reported at 5.5 billion shares in May 2015, unchanged MoM from 5.5 billion shares in April 2015. Meanwhile, total average daily trades yielded 3.5 million trades per day in US equities during May 2015, edging lower by -4.6% MoM from 3.67 million trades in April 2015.

For the month of May 2015, US equity volume at KCG averaged $255.7 billion in volume and 6.2 billion shares traded per day – alternatively, the realized Volatility for the S&P 500 was 11.0.

At the time of writing, KCG share prices were virtually unchanged on the news, having settled at $13.46, down -0.22% yesterday. KCG share prices are sitting below a 52-week high of $13.75 earlier this month, with a low P/E of only 5.56.

KCG Holdings, Inc. (NYSE: KCG) has just revealed its trading volumes for the month ending May 2015, according to a KCG statement.

Last month, KCG’s reported its average daily US equities market making at $29.5 billion traded during April 2015 – volumes overall were largely mixed across a number of its assets.

KCG’s average daily US Equities market making came in at $27.47 billion traded during May 2015, falling -6.7% MoM from $24.1 billion in April 2015. Over a yearly timeframe, volumes rose 14.0% YoY from $24.1 billion in May 2014.

Moreover, total average daily shares traded at KCG were reported at 5.5 billion shares in May 2015, unchanged MoM from 5.5 billion shares in April 2015. Meanwhile, total average daily trades yielded 3.5 million trades per day in US equities during May 2015, edging lower by -4.6% MoM from 3.67 million trades in April 2015.

For the month of May 2015, US equity volume at KCG averaged $255.7 billion in volume and 6.2 billion shares traded per day – alternatively, the realized Volatility for the S&P 500 was 11.0.

At the time of writing, KCG share prices were virtually unchanged on the news, having settled at $13.46, down -0.22% yesterday. KCG share prices are sitting below a 52-week high of $13.75 earlier this month, with a low P/E of only 5.56.

About the Author: Jeff Patterson
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