KCG sees market making volumes jump 24% MoM in August 2015


Earlier today KCG Holdings, Inc. Class A (NYSE:KCG) has reported its operating metrics for August 2015, with the company obviously benefiting from the upsurge in market volatility towards the end of last month, with market making volumes rising steeply from levels seen in July 2015.

Let’s mention at this point that the July result itself marked a growth when compared to June 2015 levels, so we could be witnessing a positive trend when it comes to trading activity at KCG.

Let’s take a look at the particular metrics.

In Market Making, KCG averaged $35.6 billion dollar volume traded, 4.5 billion shares traded, and 4.6 million trades per day in U.S. equities. The result was up 23.6% from the $28.8 billion volume traded in July 2015.

In Global Execution Services:

  • KCG electronic execution averaged 336.9 million shares per day in U.S. Equities, steeply up from the 301.5 million shares traded per day in July 2015.
  • KCG BondPoint finally reversed the decline exhibited over the past months, as volumes at the segment averaged averaged $139.2 million per day in fixed income par value, up from $121.5 million per day recorded in July 2015.

Regarding the overall market conditions in August 2015, consolidated U.S. equity volume averaged $321.3 billion in dollar volume and 7.9 billion shares traded per day. The realized volatility for the S&P 500 was 27.2, more than double the level seen in July 2015.

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

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KCG sees market making volumes jump 24% MoM in August 2015

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