KCG US Equity Volumes Rebound in July Despite Stock Performance

KCG Holdings, Inc. (NYSE: KCG) has just reported its trading volumes and Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term metrics for the month ending July 2015, according to a KCG statement.

Last month, KCG Holdings, Inc. (NYSE: KCG) saw its average daily US equities market making come in at $26.7 billion traded during June 2015, representing a -2.8% drop MoM from $27.47 billion in May 2015. Relative to last year, the figures were more optimistic, rising 14.9% YoY from $23.5 billion in June 2014.

June’s downtrend appeared to be snapped in its latest release however, as KCG’s average daily US equities market making came in at $28.5 billion traded during July 2015, edging higher by 6.7% MoM from $26.7 billion in June 2015. Over a yearly timeframe, volumes also soared 16.8% YoY from $24.4 billion in July 2014.

By extension, total average daily shares traded at KCG were reported at just 5.1 billion shares in July 2015, which is markedly lower from June 2015’s figure of 6.3 billion shares – this corresponds to a drop of -19.0% MoM. Meanwhile, total average daily trades yielded 3.66 million trades per day in US equities during July 2015, rising by 5.8% MoM from 3.46 million trades in June 2015.

At the time of writing, KCG (NYSE:KCG) share prices are sitting in negative territory during premarket trading Friday, settling at $9.99 after losing its grasp on the critical $10 handle recently. KCG (NYSE:KCG) share prices are trading just above a 52-week low of $9.75 earlier this month despite a low P/E of just 4.58.