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KCG’s August Volumes Dwindle, Equities ADV Gains Momentum

Posted: Wed Sep 14, 2016 12:48 pm
by kreslik.news

KCG Holdings, Inc. (NYSE: KCG), a comprehensive securities trading exchange, has just reported its latest trading statistics for the month ending August 2016, which again trended lower in terms of overall metrics, continuing a downward trend for consecutive months, according to a KCG statement.

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During August 2016, KCG reported an average daily US equities market making figure of $24.1 billion traded, which fell lower by -8.0% MoM compared to $26.2 billion back in July 2016. The primary culprit for this decline was an extended bout of ... (read more)