Edition:
United States

KCG Holdings Inc (KCG.N)

KCG.N on New York Stock Exchange

17.90USD
28 Mar 2017
Change (% chg)

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$17.90
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Avg. Vol
163,391
52-wk High
$18.62
52-wk Low
$11.44

Latest Key Developments (Source: Significant Developments)

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

KCG Holdings enters into strategic transaction with General Atlantic
Thursday, 17 Nov 2016 05:33pm EST 

KCG Holdings Inc : KCG Holdings Inc - will exchange 8.9 million shares it owns of Bats Global Markets for all of General Atlantic's 18.7 million shares, 8.1 million warrants of KCG . KCG Holdings-tangible book value estimated to increase from Sept 30 value of $15.54 by about $3.25 per share due to sales in Bats . KCG Holdings Inc - has entered into a strategic transaction with General Atlantic, a global growth equity firm . KCG Holdings Inc - transaction is expected to close by end of November, with a portion of warrants to be settled in early January 2017 .KCG Holdings Inc - believe transaction is accretive.  Full Article

KCG Holdings Inc says in global execution services, Sept KCG institutional equities averaged 220.5 million U.S. Equity shares traded per day
Friday, 14 Oct 2016 07:30am EDT 

KCG Holdings Inc : Reg-KCG releases september 2016 trade volumes . KCG Holdings Inc - in market making, KCG averaged $28.9 billion dollar volume traded, 4.0 billion shares traded, and 3.5 million trades per day in u.s. Equities in sept . KCG Holdings Inc - in global execution services, kcg institutional equities averaged 220.5 million u.s. Equity shares traded per day for sept .KCG Holdings Inc - in global execution services, Sept KCG institutional equities averaged 220.5 million u.s. Equity shares traded per day.  Full Article

KCG releases July 2016 trade volumes
Friday, 12 Aug 2016 07:30am EDT 

KCG Holdings Inc : KCG releases July 2016 trade volumes . In market making, in July, KCG averaged $26.2 billion dollar volume traded, 3.5 billion shares traded, and 3.3 million trades per day in U.S. Equities . In July, KCG averaged $26.2 billion dollar volume traded, 3.5 billion shares traded, and 3.3 million trades per day in U.S. Equities .In global execution services, in July, KCG institutional equities averaged 205.2 million U.S. Equity shares traded per day.  Full Article

KCG Holdings posts Q2 earnings of $0.38/share
Thursday, 21 Jul 2016 07:00am EDT 

KCG Holdings Inc: KCG announces second quarter 2016 results . Q2 revenue $319.9 million . Q2 earnings per share $0.38 . Q2 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . "In Q2 of 2016, market volumes of u.s. Equities were muted due to uncertainty over impending market events and macroeconomic outlook" . Part of proceeds from sale of bats investment went toward funding $60 million in stock and warrant repurchases during quarter . Says in Q2 recorded a pre-tax gain of $33.4 million from sale of a portion of its investment in bats . Q2 results were "further lifted by a sizeable gain from sale of a portion of company's investment in bats" . Says during Q2 of 2016, market making segment generated total revenues of $211.8 mln and pre-tax income of $40.5 million . In Q2, outside of U.S. Equities, market-wide trading activity also declined in European equities, U.S. Treasuries and currencies from a year ago .In Q2, institutional trading activity was tempered in anticipation of June federal open market committee meeting and "Brexit" referendum.  Full Article

KCG releases june 2016 trade volumes
Friday, 15 Jul 2016 07:30am EDT 

KCG Holdings Inc [KCG.N] : KCG releases June 2016 trade volumes . For June 2016, in market making, KCG averaged $27.1 billion dollar volume traded, 4.0 billion shares traded, and 3.6 million trades per day in U.S. equities. . In global execution services, KCG institutional equities averaged 221.4 million U.S. equity shares traded per day for June .In global execution services, June consolidated U.S. equity volume averaged $279.6 billion in dollar volume and 7.6 billion shares traded/day.  Full Article

KCG Holdings files for potential common stock shelf offering
Thursday, 7 Jul 2016 04:28pm EDT 

KCG Holdings Inc :Files for potential common stock shelf offering; size not disclosed - SEC filing.  Full Article

KCG says in Market Making averaged 218.8 mln U.S. equity shares per day
Friday, 13 May 2016 07:30am EDT 

KCG Holdings Inc : For April, in market making, averaged $26.0 billion dollar volume traded, 5 billion shares traded, and 3.6 million trades per day in U.S. Equities . In global execution services: KCG Institutional Equities averaged 218.8 million U.S. Equity shares traded per day in April . In global execution services KCG Bondpoint averaged $192.3 million fixed income par value traded per day in April . For overall market conditions in April, consolidated U.S. Equity volume averaged $257.4 billion in dollar volume .KCG releases April 2016 trade volumes.  Full Article

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Trading firm Virtu Financial makes bid for rival KCG

Virtu Financial Inc has made a bid to buy rival trading firm KCG Holdings Inc that could help Virtu bolster its businesses that have softened under reduced market volatility.