KCG’s Equity Volumes Mixed in March Given Shortened Trading Schedule

KCG Holdings, Inc. (NYSE: KCG) has released its monthly trading volumes for March 2016, which again saw its overall volumes trending in the wrong direction, now marking a consecutive monthly decline at the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, according to a KCG statement.

During March 2016, KCG reported an average daily US 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 market making of just $26.0 traded, reflective of a -16.7% MoM decline from $31.2 billion in February 2016. March’s volumes also constituted a YoY decline, albeit by a less pronounced fall of -12.8% from $29.8 billion in March 2015.

Moreover, the total average daily shares traded at KCG yielded 5.1 billion shares in March 2016, which snapped a four month consecutive decline, also growing by a factor of 15.9% MoM from 4.4 billion shares in February 2016. This rise came despite the influence of seasonal factors such as the observance of the Easter holidays, which led to a shortened trading schedule.

In terms of its equities business, KCG reported its total average daily trades of 3.7 million trades per day in US equities during March 2016, plunging -21.3% MoM from 4.7 million trades in February 2016, largely for the factors mentioned above.

At the time of writing, KCG share prices are in the midst of a strong rebound over the past two months, operating at $12.53 ahead of the US open Thursday. In spite of the rapid double-digit ascension over the past two months, KCG share prices still sit below its 52-week high of $13.75, carrying a P/E of just 5.18.