KCG’s January Trading Volumes Start Off Year on Positive Note

Tuesday, 14/02/2017 | 13:40 GMT by Jeff Patterson
  • KCG scored a healthy gain across all of its business segments on a month-over-month basis in January.
KCG’s January Trading Volumes Start Off Year on Positive Note
Bloomberg

KCG Holdings, Inc. (NYSE: KCG), a securities trading company, has just reported its latest composite of trading statistics for the month ending January 2017, which saw a slight uptick in key segments in the first month of the new year.

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A combination of factors helped influence markets in January 2017, including the return of more normalized Volatility and trading activity following a seasonal lull in December. Moreover, markets grappled with the incoming administration and tumultuous turnover of Donald Trump.

During January 2017, KCG reported an average daily US Equities market making figure of $28.1 billion traded, which grew by 5.2 percent on a month-over-month basis, compared to $26.7 billion in December 2016. This trend was somewhat varied across institutional and retail exchanges during the month, which was something of a mixed bag overall.

Furthermore, January 2017’s volumes were also reflective of a year-over-year decline of -22.4 percent from $36.2 billion set back in January 2016.

KCG’s total average daily shares traded during January 2017 yielded 3.49 million shares, down from 3.37 million shares back in December 2016, or 3.6 percent higher month-over-month. The ascension was pared over a yearly timetable, as indicated by a move of -26.2 percent year-over-year from 4.73 million shares per day back in January 2016.

In terms of KCG’s equities business, the segment also secured an advance in January 2017, reporting total average daily shares traded of 8.9 million trades, registering a growth of 39.0 percent month-over-month from 6.4 million trades per day in December 2016.

KCG Holdings, Inc. (NYSE: KCG), a securities trading company, has just reported its latest composite of trading statistics for the month ending January 2017, which saw a slight uptick in key segments in the first month of the new year.

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

A combination of factors helped influence markets in January 2017, including the return of more normalized Volatility and trading activity following a seasonal lull in December. Moreover, markets grappled with the incoming administration and tumultuous turnover of Donald Trump.

During January 2017, KCG reported an average daily US Equities market making figure of $28.1 billion traded, which grew by 5.2 percent on a month-over-month basis, compared to $26.7 billion in December 2016. This trend was somewhat varied across institutional and retail exchanges during the month, which was something of a mixed bag overall.

Furthermore, January 2017’s volumes were also reflective of a year-over-year decline of -22.4 percent from $36.2 billion set back in January 2016.

KCG’s total average daily shares traded during January 2017 yielded 3.49 million shares, down from 3.37 million shares back in December 2016, or 3.6 percent higher month-over-month. The ascension was pared over a yearly timetable, as indicated by a move of -26.2 percent year-over-year from 4.73 million shares per day back in January 2016.

In terms of KCG’s equities business, the segment also secured an advance in January 2017, reporting total average daily shares traded of 8.9 million trades, registering a growth of 39.0 percent month-over-month from 6.4 million trades per day in December 2016.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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