KCG’s Market Making Volume Clings to Narrow Consolidation in April
- KCG managed to hold onto its recent volumes, avoiding an industry-wide pullback in April.
Securities trading group KCG Holdings, Inc. (NYSE: KCG) has released its monthly trading statistics for April 2017, which saw its market making figures unchanged on a month-over-month basis, per a group filing.
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The consolidation of trading volumes is rather unusual given a downtick in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and market drivers in the US. By comparison, March featured more activity, helped by the US Federal Reserve’s monetary policy decision. Overall, institutional exchanges all reported lackluster metrics for the month, which makes KCG’s static reading a positive.
During April 2017, 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 $26.3 billion traded, unchanged on a month-over-month basis. The latest figures also continue the trend of highly consolidated turnover and volumes in H1 2017.
April 2017’s volumes were indicative of a marginal year-over-year increase of 1.2 percent from the $26.0 billion set back in April 2016. Moreover, KCG’s total average daily shares traded during April 2017 also yielded 3.21 million shares, down -3.0 percent month-over-month from 3.31 million shares back in March 2017. The change was exacerbated over a yearly timetable, as reflected by a move of -11.1 percent year-over-year from 3.61 million shares per day back in April 2016.
Finally, in terms of KCG’s equities business, the segment did not register any change on a monthly basis. More specifically, its consolidated US equity volume averaged $261.9 billion in dollar volume and 6.6 billion shares traded per day, compared with $269.5 billion in dollar volume and 6.9 billion shares per day, or -2.8 percent month-over-month.
Securities trading group KCG Holdings, Inc. (NYSE: KCG) has released its monthly trading statistics for April 2017, which saw its market making figures unchanged on a month-over-month basis, per a group filing.
The London Summit 2017 is coming, get involved!
The consolidation of trading volumes is rather unusual given a downtick in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and market drivers in the US. By comparison, March featured more activity, helped by the US Federal Reserve’s monetary policy decision. Overall, institutional exchanges all reported lackluster metrics for the month, which makes KCG’s static reading a positive.
During April 2017, 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 $26.3 billion traded, unchanged on a month-over-month basis. The latest figures also continue the trend of highly consolidated turnover and volumes in H1 2017.
April 2017’s volumes were indicative of a marginal year-over-year increase of 1.2 percent from the $26.0 billion set back in April 2016. Moreover, KCG’s total average daily shares traded during April 2017 also yielded 3.21 million shares, down -3.0 percent month-over-month from 3.31 million shares back in March 2017. The change was exacerbated over a yearly timetable, as reflected by a move of -11.1 percent year-over-year from 3.61 million shares per day back in April 2016.
Finally, in terms of KCG’s equities business, the segment did not register any change on a monthly basis. More specifically, its consolidated US equity volume averaged $261.9 billion in dollar volume and 6.6 billion shares traded per day, compared with $269.5 billion in dollar volume and 6.9 billion shares per day, or -2.8 percent month-over-month.