KCG Reports April Volumes, US Equity Metrics Slide
- KCG's US volumes took a breather this past April, having orchestrated a small decline across a number of key areas.
KCG Holdings, Inc. (NYSE: KCG) has just reported its trading volumes for the month ending April 2015, according to a KCG statement.
Earlier this month, KCG Holdings, Inc. (NYSE: KCG) released its Q1 2015 metrics, which included consolidated earnings of $249.3 million, or $2.19 per diluted share. The big jump that catapulted revenues during Q1 at KCG was GAAP pre-tax income, having been reported at $406,128,000 in Q1 2015, vs. just $26,531,000 in Q4 2014.
KCG’s average daily US 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 market making came in at $29.5 billion traded during April 2015, virtually unchanged MoM from $29.8 billion in March 2015. Over a yearly timeframe, volumes rose 6.2% YoY from 27.8 billion in March 2014.
Moreover, total average daily shares traded at KCG were reported at 5.5 billion shares in April 2015, higher by 5.8% MoM from 5.19 billion shares in March 2015. Meanwhile, total average daily trades yielded 3.67 million trades per day in US equities during April 2015, edging lower by -3.2% MoM from 3.79 million trades in March 2015.
At the time of writing, KCG share prices were virtually unchanged on the news, settling at $13.38, down a marginal -0.01% during morning trading Thursday. KCG share prices are sitting just below a 52-week high of $13.75 earlier this month.
KCG Holdings, Inc. (NYSE: KCG) has just reported its trading volumes for the month ending April 2015, according to a KCG statement.
Earlier this month, KCG Holdings, Inc. (NYSE: KCG) released its Q1 2015 metrics, which included consolidated earnings of $249.3 million, or $2.19 per diluted share. The big jump that catapulted revenues during Q1 at KCG was GAAP pre-tax income, having been reported at $406,128,000 in Q1 2015, vs. just $26,531,000 in Q4 2014.
KCG’s average daily US 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 market making came in at $29.5 billion traded during April 2015, virtually unchanged MoM from $29.8 billion in March 2015. Over a yearly timeframe, volumes rose 6.2% YoY from 27.8 billion in March 2014.
Moreover, total average daily shares traded at KCG were reported at 5.5 billion shares in April 2015, higher by 5.8% MoM from 5.19 billion shares in March 2015. Meanwhile, total average daily trades yielded 3.67 million trades per day in US equities during April 2015, edging lower by -3.2% MoM from 3.79 million trades in March 2015.
At the time of writing, KCG share prices were virtually unchanged on the news, settling at $13.38, down a marginal -0.01% during morning trading Thursday. KCG share prices are sitting just below a 52-week high of $13.75 earlier this month.