KCG’s Market Making Volume Clings to Narrow Consolidation in April
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KCG’s Market Making Volume Clings to Narrow Consolidation 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 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 ... (read more)
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