KCG’s US Equity Volumes Perform Well in August 2015

KCG Holdings, Inc. (NYSE: KCG) has 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 performance for the month ending August 2015, according to a KCG statement.

Last month, KCG Holdings (NYSE: KCG) saw its average daily US equities market making come in at $28.5 billion traded during July 2015, representing a 6.7% growth MoM from $26.7 billion in June 2015. Relative to last year, the figures were even more upbeat, climbing a sizable 16.8% YoY from $24.4 billion in July 2014.

During August 2015 however, KCG’s figures were similarly robust, with its average daily US equities market making coming in at $35.6 billion traded, jolting higher by 24.9% MoM from $28.5 billion in July 2015. Over a yearly timeframe, volumes also surged 57.5% YoY from just $22.6 billion in August 2014.

Furthermore, the total average daily shares traded at KCG were reported at just 4.5 billion shares in August 2015, which was noticeably lower from July 2015’s figure of 5.1 billion shares – this corresponds to a drop of -11.8% MoM. Meanwhile, total average daily trades yielded 4.6 million trades per day in US equities during August 2015, rising by 25.7% MoM from 3.66 million trades in July 2015.

At the time of writing, KCG (NYSE:KCG) share prices are sitting in positive territory for the week, settling at $11.08 ahead of the US open. KCG (NYSE:KCG) share prices also recently rebounded off of a 52-week low of $9.75 last month and carries despite a low P/E of just 5.08.