KCG Holdings (KCG) Swings to Q3 Loss

October 20, 2016 7:14 AM EDT
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KCG Holdings (NYSE: KCG) reported Q3 EPS of ($0.13), versus $0.38 reported last year. Revenue for the quarter came in at $208.53 million, versus $319.9 million reported last year.

hird Quarter Highlights

  • Averaged approximately 30 percent market share of retail SEC Rule 605 U.S. equity share volume among the leading market makers during the quarter
  • Averaged approximately 16 percent market share of U.S. ETF share volume from market making and agency-based trading activity during the quarter
  • Completed the migration of KCG MatchIt to a new matching engine
  • Acquired Neonet Securities AB, an independent agency broker and execution specialist based in Stockholm, Sweden
  • Named Mike Blum Chief Technology Officer effective October 1, 2016

For earnings history and earnings-related data on KCG Holdings (KCG) click here.

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