KCG’s Equities Volumes Shine in November, Benefiting from Volatile Markets

Wednesday, 14/12/2016 | 14:32 GMT by Jeff Patterson
  • KCG has been the latest exchange to garner a boost in volumes during November, looking to close out the year strong.
KCG’s Equities Volumes Shine in November, Benefiting from Volatile Markets
Bloomberg

KCG Holdings, Inc. (NYSE: KCG), a securities trading Exchange , has just reported its latest trading statistics for the month ending November 2016, which rebounded strongly after one of the most volatile trading months of the year, according to a KCG statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

During November 2016, KCG reported an average daily US equities market making figure of $32.8 billion traded, which surged 26.6% on a MoM basis, vs. just $25.9 billion back in October 2016. Global markets were all the beneficiaries of heightened Volatility last month, given the surprise electoral victory of Donald Trump.

Furthermore, November 2016’s volumes also corresponded to a YoY climb by a margin of 18.8% YoY from $27.6 billion set back in November 2015.

Equities ADV on the Uptick

KCG’s total average daily shares traded during November 2016 yielded 3.9 million shares, down from 3.19 million shares back in October 2016, or 22.3% MoM. The sizable ascension was also pronounced over a yearly timetable, constituting a jump of 10.5% YoY from 3.53 million shares per day back in November 2015.

KCG’s equities business also edged higher in November 2016, reporting a total average daily shares traded of 6.7 million trades, registering a growth of 6.3% MoM from 6.3 million trades per day in October 2016. Looking over a yearly interval, KCG’s equities business was also higher by 42.6% YoY relative to October 2015, compared to 4.7 million trades per day.

At the time of writing, KCG share prices are still well below a 52-week high of $15.70. Presently share prices are operating at $13.90 ahead of the US open Wednesday.

kcg15122016

KCG Holdings, Inc. (NYSE: KCG), a securities trading Exchange , has just reported its latest trading statistics for the month ending November 2016, which rebounded strongly after one of the most volatile trading months of the year, according to a KCG statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

During November 2016, KCG reported an average daily US equities market making figure of $32.8 billion traded, which surged 26.6% on a MoM basis, vs. just $25.9 billion back in October 2016. Global markets were all the beneficiaries of heightened Volatility last month, given the surprise electoral victory of Donald Trump.

Furthermore, November 2016’s volumes also corresponded to a YoY climb by a margin of 18.8% YoY from $27.6 billion set back in November 2015.

Equities ADV on the Uptick

KCG’s total average daily shares traded during November 2016 yielded 3.9 million shares, down from 3.19 million shares back in October 2016, or 22.3% MoM. The sizable ascension was also pronounced over a yearly timetable, constituting a jump of 10.5% YoY from 3.53 million shares per day back in November 2015.

KCG’s equities business also edged higher in November 2016, reporting a total average daily shares traded of 6.7 million trades, registering a growth of 6.3% MoM from 6.3 million trades per day in October 2016. Looking over a yearly interval, KCG’s equities business was also higher by 42.6% YoY relative to October 2015, compared to 4.7 million trades per day.

At the time of writing, KCG share prices are still well below a 52-week high of $15.70. Presently share prices are operating at $13.90 ahead of the US open Wednesday.

kcg15122016
About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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