KCG Holdings Rebounds Strongly in January, Paring Lackluster Q4 Volumes

by Jeff Patterson
  • KCG's metrics orchestrated a strong start to the new year, bursting out of a tight consolidation that had gripped the group's volumes in Q4.
KCG Holdings Rebounds Strongly in January, Paring Lackluster Q4 Volumes
Bloomberg

KCG Holdings, Inc. (NYSE: KCG) has released its monthly trading volumes for the January 2016, which secured a sizable advance to kick off the new year, according to a KCG statement.

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During January 2016, KCG’s figures finally snapped out of a tight consolidation to storm higher, with an average daily US Equities market making coming in at $36.2 billion traded, or 27.5% MoM from $28.4 billion in December 2015. The upbeat volume was even higher over a yearly timeframe, as volumes notched a climb of 20.3% YoY from $30.1 billion in January 2015.

By extension, the total average daily shares traded at KCG were disclosed at 4.9 billion shares in January 2016, which was higher from December 2015’s figure of 4.6 billion shares, justifying a monthly boost of 6.5% MoM, snapping a three-month consecutive decline of these figures.

Meanwhile, the total average daily trades yielded just 4.7 million trades per day in US equities during January 2016, jumping 27.0% MoM from 3.7 million trades in December 2015.

At the time of writing, KCG share prices have reached a relative floor in recent weeks during February, currently settling at the $10.25 ahead of the US open Friday. Despite the drop, KCG share prices still sit above its 52-week low of $9.75 set this past August despite a very low P/E of just 4.27.

KCG-Equity-Volumes-Traded-(Billion-$)

KCG Holdings, Inc. (NYSE: KCG) has released its monthly trading volumes for the January 2016, which secured a sizable advance to kick off the new year, according to a KCG statement.

Can you pass the Finance Magnates exam? Give it a go, there are prizes...

During January 2016, KCG’s figures finally snapped out of a tight consolidation to storm higher, with an average daily US Equities market making coming in at $36.2 billion traded, or 27.5% MoM from $28.4 billion in December 2015. The upbeat volume was even higher over a yearly timeframe, as volumes notched a climb of 20.3% YoY from $30.1 billion in January 2015.

By extension, the total average daily shares traded at KCG were disclosed at 4.9 billion shares in January 2016, which was higher from December 2015’s figure of 4.6 billion shares, justifying a monthly boost of 6.5% MoM, snapping a three-month consecutive decline of these figures.

Meanwhile, the total average daily trades yielded just 4.7 million trades per day in US equities during January 2016, jumping 27.0% MoM from 3.7 million trades in December 2015.

At the time of writing, KCG share prices have reached a relative floor in recent weeks during February, currently settling at the $10.25 ahead of the US open Friday. Despite the drop, KCG share prices still sit above its 52-week low of $9.75 set this past August despite a very low P/E of just 4.27.

KCG-Equity-Volumes-Traded-(Billion-$)
About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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