May Trading Volumes at KCG Hotspot Flat at $25.9 Billion Daily

by Victor Golovtchenko
  • The company has unveiled that it is more or less in line with the rest of the industry, announcing a mild pick-up by a touch lower than 3% to mark a slight rebound after notoriously slow figures in the month of April.
May Trading Volumes at KCG Hotspot Flat at $25.9 Billion Daily
kcg_logo

The KCG Group has unveiled that its KCG Hotspot unit dedicated to electronic FX trading is more or less in line with the rest of the industry, announcing a mild pick up by a touch lower than 3%, marking $25.9 billion per day in notional foreign exchange dollar volume. After notoriously slow FX volumes figures in the month of April across the industry, the ship seems to be turning, with the month of June looking quite promising following the ECB press conference last week and talk of rising interest rates in the UK by Bank of England Governor Mark Carney.

KCG_Hotspot_May_2014

KCG Hotspot Volumes, May 2014

Meanwhile in market-making, the company has averaged $24.1 billion traded daily, 9.7 billion shares, and 3.6 million trades per day in U.S. equities.

As to the rest of KCG’s Global Execution Services, KCG's BondPoint averaged $130.7 billion per day in fixed income trading.

U.S. equity volumes came out at $227.6 billion and 5.8 billion shares traded per day. According to the company’s statement the realized Volatility for the S&P 500 in the month of May was 8.3.

kcg_logo

The KCG Group has unveiled that its KCG Hotspot unit dedicated to electronic FX trading is more or less in line with the rest of the industry, announcing a mild pick up by a touch lower than 3%, marking $25.9 billion per day in notional foreign exchange dollar volume. After notoriously slow FX volumes figures in the month of April across the industry, the ship seems to be turning, with the month of June looking quite promising following the ECB press conference last week and talk of rising interest rates in the UK by Bank of England Governor Mark Carney.

KCG_Hotspot_May_2014

KCG Hotspot Volumes, May 2014

Meanwhile in market-making, the company has averaged $24.1 billion traded daily, 9.7 billion shares, and 3.6 million trades per day in U.S. equities.

As to the rest of KCG’s Global Execution Services, KCG's BondPoint averaged $130.7 billion per day in fixed income trading.

U.S. equity volumes came out at $227.6 billion and 5.8 billion shares traded per day. According to the company’s statement the realized Volatility for the S&P 500 in the month of May was 8.3.

About the Author: Victor Golovtchenko
Victor Golovtchenko
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About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

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