Edition:
United States

KCG Holdings Inc (KCG.N)

KCG.N on New York Stock Exchange

19.85USD
26 May 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$19.85
Open
$19.85
Day's High
$19.87
Day's Low
$19.83
Volume
70,418
Avg. Vol
220,639
52-wk High
$19.96
52-wk Low
$12.21

Latest Key Developments (Source: Significant Developments)

Virtu Financial to offer senior secured second lien notes
Tuesday, 23 May 2017 04:19pm EDT 

May 23 (Reuters) - Virtu Financial Inc :Virtu financial, inc. Announces proposed senior secured second lien notes offering.Virtu financial inc - its subsidiaries intend to offer $825.0 million aggregate principal amount of senior secured second lien notes due 2022.Virtu financial - issuers intend to use gross proceeds from notes to pay merger consideration in connection with pending acquisition of kcg holdings.Virtu financial inc - net proceeds of notes will be held in escrow until immediately prior to consummation of deal with kcg.  Full Article

KCG releases April 2017 trade volumes
Friday, 12 May 2017 07:30am EDT 

May 12 (Reuters) - Kcg Holdings Inc :KCG releases April 2017 trade volumes.In market making, KCG averaged $26.3 billion dollar volume traded, 11.1 billion shares traded, 3.3 million trades per day in u.s. Equities in April.In global execution services Kcg institutional equities averaged 195.5 million U.S. Equity shares traded per day in April.In global execution services KCG bondpoint averaged $344.5 million fixed income par value traded per day in April.  Full Article

KCG holdings says Virtu Financial must pay co fee of $45 mln in case of deal termination
Friday, 21 Apr 2017 05:35pm EDT 

April 21 (Reuters) - KCG Holdings Inc ::KCG Holdings - in certain circumstances in connection with termination of deal with Virtu Financial, co must pay virtu termination fee of $45 million.  Full Article

Virtu Financial, in connection with termination of merger, KCG must pay termination fee of $45 mln
Friday, 21 Apr 2017 06:35am EDT 

April 21 (Reuters) - KCG Holdings Inc :Virtu Financial - in certain circumstances in connection with termination of merger agreement, KCG Holdings must pay to co termination fee of $45 million.  Full Article

KCG Holdings reports Q1 EPS $0.05
Thursday, 20 Apr 2017 08:00am EDT 

April 20 (Reuters) - Kcg Holdings Inc :KCG announces first quarter 2017 results.Q1 earnings per share $0.05.Q1 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.Qtrly total revenues $255.4 million versus $345.4 million.Q1 revenue view $249.4 million -- Thomson Reuters I/B/E/S.  Full Article

Virtu Financial set to seal takeover of KCG holdings deal - FT, citing sources
Wednesday, 19 Apr 2017 07:50pm EDT 

April 19 (Reuters) - :Virtu financial set to seal takeover of kcg holdings; deal expected to be announced on Thursday- FT, citing sources.  Full Article

KCG says in March KCG Institutional equities averaged 206.0 mln U.S. equity shares traded per day
Monday, 17 Apr 2017 07:30am EDT 

April 17 (Reuters) - Kcg Holdings Inc :Kcg releases march 2017 trade volumes.Kcg holdings inc- in march kcg institutional equities averaged 206.0 million u.s. Equity shares traded per day.Kcg holdings inc - in march, consolidated u.s. Equity volume averaged $269.5 billion in dollar volume and 6.9 billion shares traded per day.  Full Article

KCG confirms receipt of unsolicited acquisition proposal from Virtu Financial
Wednesday, 15 Mar 2017 05:34pm EDT 

Kcg Holdings Inc : Reg-Kcg board of directors confirms receipt of unsolicited acquisition proposal from virtu financial . Kcg holdings inc says confirmed that it has received an unsolicited proposal from virtu financial, inc . Says received an unsolicited proposal from virtu financial inc to acquire all shares of co for $18.50-$20.00 per share in cash .Kcg holdings inc says board of directors is reviewing, in consultation with its financial and legal advisors about the virtu's proposal.  Full Article

KCG says averaged $28.0 bln dollar volume traded and 3.4 mln trades per day in U.S. Equities in Feb
Tuesday, 14 Mar 2017 07:30am EDT 

Kcg Holdings Inc : Reg-Kcg releases february 2017 trade volumes . Kcg holdings - in market making, kcg averaged $28.0 billion dollar volume traded, 10.9 billion shares traded, and 3.4 million trades per day in u.s. Equities in feb . Kcg holdings inc - in feb global execution services kcg institutional equities averaged 217.0 million u.s. Equity shares traded per day .Kcg holdings - as for overall market conditions in feb, consolidated u.s. Equity volume averaged $271.8 billion in dollar volume and 6.9 billion shares traded per day.  Full Article

KCG Q4 earnings per share $2.47
Thursday, 19 Jan 2017 07:00am EST 

Kcg Holdings Inc : Reg-Kcg announces fourth quarter 2016 results . Q4 earnings per share view $1.97 -- Thomson Reuters I/B/E/S . Q4 earnings per share $2.47 . KCG Holdings - included in q4 pre-tax earnings of $309.9 million is a pre-tax gain of $331.0 million from sales of substantially all shares of bats global markets . KCG Holdings Inc - "in q4 of 2016, an upsurge in major market indexes failed to generate meaningful institutional trading activity" . Kcg Holdings Inc - "at start of quarter, institutional investors were mainly engaged in de-risking and fence-sitting" . KCG Holdings Inc - revenue capture per U.S. Equity dollar value traded returned to levels slightly above average in november and december . KCG Holdings -board authorized program to repurchase up to a total of $150 million in shares of company's outstanding class A common stock . Qtrly total revenues $580.5 million versus $264 million .KCG Holdings Inc - appointed Peter Fisher, Colin Smith, Heather Tookes and Adrian Weller as directors, effective immediately.  Full Article

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BRIEF-KCG releases April 2017 trade volumes

* In market making, KCG averaged $26.3 billion dollar volume traded, 11.1 billion shares traded, 3.3 million trades per day in u.s. Equities in April