KCG Holdings Volumes Surge in September 2016, Equities Business Drops YoY

[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 September 2016 trading statistics showing a rise in key areas from August’s results.

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During the month of September 2016, KCG reported an average daily US equities market making figure of $28.9 billion traded, which constitutes a jump of 20.0% MoM compared to $24.1 billion back in August 2016. However, September 2016’s volumes reflected a YoY pullback by a margin of -4.7% YoY from $30.32 billion set ... (read more)