KCG sees market making volumes increase 7.9% MoM in July 2015


July 2015 turned out to be a strong one for KCG Holdings, Inc. Class A (NYSE:KCG), in the face of the summer and the traditional trading slowdown one would expect to affect numbers.

The group finally managed to register an increase in its market making volumes, putting an end to a downward trend witnessed over the past several months.

Let’s look at the particular metrics.

  • In Market Making, KCG averaged $28.8 billion dollar volume traded, 5.1 billion shares traded, and 3.7 million trades per day in U.S. equities.. The result was up 7.9% from the $26.7 billion volume traded in June 2015.

In Global Execution Services:

  • KCG electronic execution averaged 301.5 million shares traded per day in U.S. Equities, up 6.8% from 282.4 million shares traded per day in June 2015.
  • KCG BondPoint did not perform so well, as volumes at the segment averaged $121.5 million per day in fixed income par value, down 8.3% from $132.5 million recorded in June 2015.

Regarding the overall market conditions in July, consolidated U.S. equity volume averaged $274.3 billion in dollar volume and 6.7 billion shares traded per day. The realized volatility for the S&P 500 was 11.9, a bit higher than the 11.3 level registered in June 2015.

To view the official announcement by KCG on its operating metrics for July 2015, click here.

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KCG sees market making volumes increase 7.9% MoM in July 2015

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