KCG Reports Weak US Equity Volumes for September 2015

KCG saw its average daily US equities market making coming in at just $30.3 billion traded during the past month.

KCG Holdings, Inc. (NYSE: KCG) has reported its trading volumes and equities performance for the month ending September 2015, according to a KCG statement.

Last Month, KCG’s figures were robust, with its average daily US equities market making coming in at $35.6 billion traded during August, jolting higher by 24.9% MoM from $28.5 billion in July 2015. Over a yearly timeframe, volumes also surged 57.5% YoY from just $22.6 billion in August 2014.

During September however, KCG’s figures were much weaker, with its average daily US equities market making coming in at just $30.3 billion traded, considerably down by 14.9% MoM from $35.6 billion in August 2015.

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On a positive note, total average daily shares traded at KCG were reported at 4.9 billion shares in September, up from 4.5 billion shares in August.

As for the overall market conditions in September, KCG reports consolidated U.S. equity volume averaged $286.4 billion in dollar volume and 7.3 billion shares traded per day. The realized volatility for the S&P 500 was 22.4.

In its global execution services side of the business, KCG electronic execution averaged 312.8 million shares traded per day in U.S. equities. Additionally, BondPoint averaged $131.1 million per day in fixed income par value.

At the time of writing, KCG (NYSE:KCG) share prices are sitting in positive territory for the month, settling at $12.19 ahead of the US open. For comparison, when KCG released its August metrics the share price sat at $11.08.

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