KCG Reports Volumes for June 2015, US Equity Volumes up Slightly MoM

Wednesday, 15/07/2015 | 12:35 GMT by Andy Traveller
  • However, average daily US equities market making volumes dipped 2.8% MoM despite a strong YoY growth.
KCG Reports Volumes for June 2015, US Equity Volumes up Slightly MoM

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

The independent securities trading firm’s average daily US Equities market making came in at $26.7 billion traded during June 2015, representing a 2.8% drop MoM from $27.47 billion in May 2015. Over a yearly timeframe, the figures are more optimistic, rising 14.9% YoY from $23.5 billion in June 2014.

Moreover, total average daily shares traded at KCG were reported at 6.3 billion shares in June 2015, jumping 14% MoM from 5.5 billion shares in May 2015. Meanwhile, total average daily trades yielded 3.5 million trades per day in US equities during June 2015, only modestly lower MoM from trades in May 2015.

As for the overall market condition of June 2015, consolidated US equity volume at KCG averaged $261.9 billion in volume and 6.4 billion shares traded per day, a 2.4% and 3.2% MoM difference respectively. Alternatively, the realized Volatility for the S&P 500 was 11.3.

At the time of writing, KCG share prices were up 0.33% on the news, settling at $12.10. This nevertheless represents a sharp drop over the last two months, with KCG share prices reaching a 52-week high of $13.75 earlier in May.

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

The independent securities trading firm’s average daily US Equities market making came in at $26.7 billion traded during June 2015, representing a 2.8% drop MoM from $27.47 billion in May 2015. Over a yearly timeframe, the figures are more optimistic, rising 14.9% YoY from $23.5 billion in June 2014.

Moreover, total average daily shares traded at KCG were reported at 6.3 billion shares in June 2015, jumping 14% MoM from 5.5 billion shares in May 2015. Meanwhile, total average daily trades yielded 3.5 million trades per day in US equities during June 2015, only modestly lower MoM from trades in May 2015.

As for the overall market condition of June 2015, consolidated US equity volume at KCG averaged $261.9 billion in volume and 6.4 billion shares traded per day, a 2.4% and 3.2% MoM difference respectively. Alternatively, the realized Volatility for the S&P 500 was 11.3.

At the time of writing, KCG share prices were up 0.33% on the news, settling at $12.10. This nevertheless represents a sharp drop over the last two months, with KCG share prices reaching a 52-week high of $13.75 earlier in May.

About the Author: Andy Traveller
Andy  Traveller
  • 154 Articles
About the Author: Andy Traveller
  • 154 Articles

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}