As KCG continues to take a long term view with its institutional ECN, Hotspot QT arrives on the market to help banks and institutions trade larger spot FX orders
Read moreIn a second transfer of business among US electronic trading firms in the space of a week, KCG agrees to sell its futures commission merchant business to Wedbush Securities Inc
Read moreKCG recruits ex-Credit Suisse executive to head new division which will provide information and insights to help traders more fully understand market complexity.
Read moreKCG's FX ECN prepares to produce volume information with senior management citing transparency as key driving factor
Read moreShare prices of KCG stock declined by 1.11% on today's announcement of April's volumes, which show lowest volumes since December 2012, as the firm continues to take the long term view of retaining its FX ECN in the face of adverse results
Read moreFew electronic trading companies in history have demonstrated the tenacity of KCG, which has recovered from adversity in less than two years America's conglomerates are often extremely astute when it comes to restoring the status quo following an unpredicted spot of misfortune. In relative terms, one year and eight months is a very short time…
Read moreKCG makes another installment on its first lien credit facility, this time $85 million, taking the balance down to just $50 million KCG (NYSE:KCG) has today publicly stated that it has made a further $85 million installment toward the repayment of its first lien credit facility which was incurred subsequent to the takeover of the…
Read moreKCG Hotspot, the KCG Group's institutional ECN reported an ADV of $30.4 billion in February. American electronic trading stalwart KCG (NYSE:KCG) today released its monthly figures for the month of February 2014, in which the company has declared that within its market making enterprise, a daily average of $27.4 billion in volume was traded, along…
Read moreThe consolidation seems to be paying off for the company way ahead of schedule The company resulting from the merger between Knight Capital and Getco, KCG Holdings, has released a press release outlining the completion of another $100 million principal repayment of its lien term loan under the company’s credit facility. The announcement comes just…
Read moreKCG’s broker-dealer sub joins KCG Hotspot (formerly Hotspot FX) under the KCG brand The independent securities company KCG has announced in a press release today that it successfully completed the consolidation of both of its US broker-dealer operations Knight Capital Americas LLC and GETCO into a single entity named KCG Americas LLC (KCA). The company…
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