KCG Unveils October 2015 Trading Figures, Equities Volume Unchanged

Friday, 13/11/2015 | 14:04 GMT by Jeff Patterson
  • In October 2015, KCG’s volumes were congruent with the prior month, with average daily US equities market making at $30.3 billion traded.
KCG Unveils October 2015 Trading Figures, Equities Volume Unchanged
(Photo: Bloomberg)

KCG Holdings, Inc. (NYSE: KCG) has reported its trading volumes and Equities performance for the month ending October 2015, which saw its performance unchanged from the prior month, according to a KCG statement.

Last month, KCG Holdings (NYSE: KCG) saw its average daily US equities market making come in at $30.3 billion traded during September 2015, which constituted a -14.9% drop MoM from $35.6 billion in August 2015.

During October 2015 however, KCG’s figures were congruent with the prior month, with its average daily US equities market making coming in at $30.3 billion traded. Over a yearly timeframe, volumes did decline by a more pronounced figure, or -13.2% YoY from $34.9 billion in October 2014.

Furthermore, the total average daily shares traded at KCG were reported at just 4.8 billion shares in October 2015, which was lower from September 2015’s figure of 4.9 billion shares – this corresponds to a drop of -2.0% MoM. Meanwhile, total average daily trades yielded 3.8 million trades per day in US equities during October 2015, falling by -22.4% MoM from 4.9 million trades in September 2015.

At the time of writing, KCG (NYSE:KCG) share prices are sitting in negative territory for the week, settling at $12.62 ahead of the US open Friday. KCG (NYSE:KCG) share prices also recently retreated below the $13.00 handle earlier this week and carries despite a low P/E of just 4.87.

KCG Holdings, Inc. (NYSE: KCG) has reported its trading volumes and Equities performance for the month ending October 2015, which saw its performance unchanged from the prior month, according to a KCG statement.

Last month, KCG Holdings (NYSE: KCG) saw its average daily US equities market making come in at $30.3 billion traded during September 2015, which constituted a -14.9% drop MoM from $35.6 billion in August 2015.

During October 2015 however, KCG’s figures were congruent with the prior month, with its average daily US equities market making coming in at $30.3 billion traded. Over a yearly timeframe, volumes did decline by a more pronounced figure, or -13.2% YoY from $34.9 billion in October 2014.

Furthermore, the total average daily shares traded at KCG were reported at just 4.8 billion shares in October 2015, which was lower from September 2015’s figure of 4.9 billion shares – this corresponds to a drop of -2.0% MoM. Meanwhile, total average daily trades yielded 3.8 million trades per day in US equities during October 2015, falling by -22.4% MoM from 4.9 million trades in September 2015.

At the time of writing, KCG (NYSE:KCG) share prices are sitting in negative territory for the week, settling at $12.62 ahead of the US open Friday. KCG (NYSE:KCG) share prices also recently retreated below the $13.00 handle earlier this week and carries despite a low P/E of just 4.87.

About the Author: Jeff Patterson
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