Breaking: KCG Hotspot Volumes Wither -10.2% MoM in October

KCG Holdings Inc has officially announced the release of its October 2014 volumes, with the foreign exchange business of the company, KCG Hotspot, averaging $34.3 billion per day in notional foreign exchange dollar volume in October 2014, which was lower by -10.2% MoM from .

In market-making, KCG’s averaged $34.9 billion dollars in volume traded, with 5.4 billion shares and 4.4 million trades per day on the U.S. stock market.

On the heels of September’s robust volumes of $27.1 billion, KCG managed to substantially best its volumes with $35.9 billion in average daily volume. Across a yearly time frame, October 2014’s volume represents a 26.6% jump YoY from October 2013 ($27 billion).

KCG electronic execution averaged 354.9 million shares traded per day in U.S. equities while the company’s fixed income trading platform, BondPoint, averaged $126.0 million per day.

Market volatility throughout the month of November is ongoing, with stock markets continuing to mark all-time highs on a weekly basis. The announced at the end of October, while the .

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