KCG’s Equity Volumes Mixed in March Given Shortened Trading Schedule

[kreslik.news]

KCG Holdings, Inc. (NYSE: KCG) has released its monthly trading volumes for March 2016, which again saw its overall volumes trending in the wrong direction, now marking a consecutive monthly decline at the exchange, according to a KCG statement.

During March 2016, KCG reported an average daily US equities market making of just $26.0 traded, reflective of a -16.7% MoM decline from $31.2 billion in February 2016. March’s volumes also constituted a YoY decline, albeit by a less pronounced fall of -12.8% from $29.8 billion in March 2015.

Moreover, the total average daily shares traded at KCG yielded 5.1 ... (read more)