Knight Capital (KCG) Says Avg. U.S. Equities Volume in July Down 17.3%; Hotspot FX Vol Down 16.5%

Article Stock Quotes (1) Comments (0)

Knight Capital Group, Inc. (NYSE: KCG) released the following volume metrics for the month of July 2012:

U.S. Equities

For the month of July 2012, the Dow Jones Industrial Average, the S&P 500 and Nasdaq Composite Index increased 1.0%, 1.3% and 0.2%, respectively. During the same period, the CBOE Volatility Index (VIX) averaged 17.6.

Knight's U.S. equity Market Making volumes were as follows:

• Average daily U.S. equities market making volume traded in July 2012 was $19.0 billion, down approximately 2.4% from $19.5 billion in June 2012 and down approximately 17.3% from $23.0 billion in July 2011.
  
  
• Average daily U.S. equities market making trade volume in July 2012 was 3.0 million, down approximately 6.4% from 3.2 million in June 2012, and down approximately 5.0% from 3.1 million in July 2011.
  
  
• Average daily U.S. equities market making share volume in July 2012 was 3.3 billion, up approximately 8.0% from 3.1 billion in June 2012, and down approximately 9.6% from 3.7 billion in July 2011.

Knight Direct recorded average daily equities share volume in July 2012 of 215.9 million, down approximately 0.9% from 217.8 million in June 2012, and up approximately 27.8% from 168.9 million in July 2011.*

In U.S. equities there were 21 trading days in July 2012, 21 days in June 2012 and 20 days in July 2011.

Foreign Exchange

• Hotspot FX recorded average daily notional dollar value traded in July 2012 of $25.9 billion, down approximately 17.1% from $31.3 billion in June 2012, and down approximately 16.5% from $31.1 billion in July 2011.

In foreign exchange, there were 22 trading days in July 2012, 21 days in June 2012 and 21 days in July 2011.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Knight Capital Group Releases April 2013 Volume Statistics
• Macy's (M) Posts Q1 EPS of 55c; Comps Up 3.8%; Boosts Dividend 25%, Raises Buyback
• Hess (HES), Elliott to End Proxy Contest; Three Elliott Nominees Will be Added

Create E-mail Alert Related Categories

Corporate News, Hot Corp. News

Related Entities

Standard & Poor's

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?