KCG 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 moreIn a piece by Bloomberg today they talk about large financial institutions removing the market making function within their business, most recent is B of A. We have seen this trend within the last few years in the retail Forex space as the conflict of interest is too much to overcome sometimes creating a barrier…
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 moreKCG places value on the use of strategic industry professionals to ensure effective corporate governance as ex-Instinet co-CEO is appointed as Senior Advisor KCG Holdings, Inc. (NYSE: KCG) has today announced that Anthony L. Abenante has joined the company as a Senior Advisor to the firm's Global Execution Services business. In his new executive role,…
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 moreTotal volumes for last year higher by 17% over 2012 Volume metrics during the last month of the year at KCG Hotspot have remained somewhat subdued when compared to November’s release, however that shouldn't be a big surprise considering the broad industry slowdown during the holiday month, especially when it comes to institutional volumes. Overall…
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