One of KCG's strengths is our ability to source liquidity. MatchIt provides the firm and its subscriber clients with another way to access liquidity in today's marketplace" - Erica Attonito, Managing Director, Electronic Trading Group, KCG
Read moreKCG's share repurchase program of up to $400 million has concluded, resulting in a total of approximately 82.3 million shares of KCG's Class A Common Stock having been properly tendered and not properly withdrawn at or below $14.00 per share
Read moreMarket making volumes for April at KCG remained almost on a par with that of march, dropping less than half a percent to $29.5 billion in dollar traded volume
Read moreNorth American electronic trading conglomerate KCG has issued detailed pro forma financial information with regard to its offer to purchase stoc, with the price per share determined at $13.50
Read moreFrom first quarter 2015 results and the sale of KCG Hotspot, KCG's tangible book value rose to $13.86 per share. The firm also detailed plans to launch a modified Dutch auction tender offer for up to $330 million of its common stock to be filed on May 4
Read moreKCGTrading on OTC markets at KCG in March amounted to a daily average of 35,000, which appears to be on a par with February's 36,000 average per day, however Hotspot FX volumes increased significantly during the month in which KCG sold its FX ECN to BATS Global Markets
Read moreFirst came the technology, then the investment and venture capital giants, and now the large traders as Bitcoin infiltrates the institutions of Chicago and New York
Read moreHotspot, which was acquired by BATS on 13th March, will continue to operate its matching engine in the New York area. The London matching engine will target Europe and Asia and specific FX currencies that dominate the European and Asian trading hours
Read moreA 5.52% decrease in market making activity in February for KCG, taking the daily average back down to the realms of the steady performance at the end of last year following January's high, whilst OTC trading begins to make a slow recovery
Read moreFXCM's initial confirmation of negative client balances was $225 million, however it has now been revealed that it stands at $276 million. With a $51 million gulf, and only a handful of brokers having reported their negative equity exposure, what is the true cost? LeapRate takes a detailed look
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