KCG'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total of approximately 82.3 million shares of KCG's Class A Common Stock having been properly tendered and not properly withdrawn at or below $14.00 per share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 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 moreNorth American conglomerate KCG has announced the completion of the sale of spot FX venue Hotspot to BATS Global Markets
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
Read moreKCG's imminent launch of a capital markets debt transaction aims to repay the company's maturing convertible loan notes and redeem secured notes, with the transaction expected to take place next week
Read moreKCG has established a new offering specifically dedicated to providing clients with insight into complex and special situations, with Eric Laumann at the helm, an executive with experience that spans across institutions including Cantor Fitzgerald, Credit Suisse, Bear Stearns and Millenium Partners
Read moreIn Market Making, KCG averaged $32.6 billion dollar volume traded, compared with $30.1 billion in December 2014. The firm's recently sold FX ECN, Hotspot, experienced its second best month since establishment, at $34.3 billion average per day
Read moreWith this new connection to KCG, TT will provide professional traders with a consolidated point of access to multiple sources of global fixed income liquidity.
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