KCG June US Equities Volumes Tick Higher as Number of Trades Dipped From May

[kreslik.news]

Leading independent securities firm, KCG Holdings (NYSE: KCG), which offers agency and market-making execution services across multiple asset classes, today announced its June 2016 trading statistics showing a rise in key areas from May’s results.

Across 4 billion shares traded on average per day in June, KCG averaged $27.1b in volume across 3.6 million trades in U.S. equities for each of the 22 trading days in the month.

While the nominal value of the average daily trading volume rose in June by more than $2b from $25b in May, the number of trades had declined from 5million, yet the daily number of ... (read more)