KCG’s December Volumes Incur MoM Decline, Equities Outpacing 2015 Figures
- KCG's December volumes could not sustain momentum, though its equities segment outpaced 2015 figures.
Securities trading firm KCG Holdings, Inc. (NYSE: KCG) has disclosed a composite of trading statistics for the month ending December 2016, which saw a pullback in key segments following a seasonal slowdown of market activity, per a company report.
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Just one month ago, markets were heavily influenced by US elections and a strong influx of worldwide trading activity that helped propel volumes to record levels. However, during December 2016, KCG reported an 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 figure of $26.7 traded, which fell -18.6% on a MoM basis, compared to $32.8 billion in November 2016.
The trend was virtually universal across institutional and Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term venues in December, with volumes all suffering from a lack of market drivers and seasonal slowdowns due to the observance of holidays in the Western world.
Moreover, December 2016’s volumes also were reflective of a YoY decline of -6.0% from $28.4 billion set back in December 2015.
Equities Volumes Outpacing 2015
KCG’s total average daily shares traded during December 2016 yielded 3.4 million shares, down from 3.9 million shares back in November 2016, or -12.8% MoM. The decline was also evident over a yearly timetable, as indicated by a move of -8.1% YoY from 3.7 million shares per day back in December 2015.
In terms of KCG’s equities business, the segment also edged lower in December 2016, reporting a total average daily shares traded of 6.4 million trades, registering a retreat of -4.5% MoM from 6.7 million trades per day in November 2016. Looking over a yearly interval, KCG’s equities business was however higher by 39.1% YoY relative to December 2015, which saw just 4.6 million trades per day.
Securities trading firm KCG Holdings, Inc. (NYSE: KCG) has disclosed a composite of trading statistics for the month ending December 2016, which saw a pullback in key segments following a seasonal slowdown of market activity, per a company report.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong.
Just one month ago, markets were heavily influenced by US elections and a strong influx of worldwide trading activity that helped propel volumes to record levels. However, during December 2016, KCG reported an 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 figure of $26.7 traded, which fell -18.6% on a MoM basis, compared to $32.8 billion in November 2016.
The trend was virtually universal across institutional and Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term venues in December, with volumes all suffering from a lack of market drivers and seasonal slowdowns due to the observance of holidays in the Western world.
Moreover, December 2016’s volumes also were reflective of a YoY decline of -6.0% from $28.4 billion set back in December 2015.
Equities Volumes Outpacing 2015
KCG’s total average daily shares traded during December 2016 yielded 3.4 million shares, down from 3.9 million shares back in November 2016, or -12.8% MoM. The decline was also evident over a yearly timetable, as indicated by a move of -8.1% YoY from 3.7 million shares per day back in December 2015.
In terms of KCG’s equities business, the segment also edged lower in December 2016, reporting a total average daily shares traded of 6.4 million trades, registering a retreat of -4.5% MoM from 6.7 million trades per day in November 2016. Looking over a yearly interval, KCG’s equities business was however higher by 39.1% YoY relative to December 2015, which saw just 4.6 million trades per day.