Last $11.82 USD
Change Today +0.32 / 2.78%
Volume 161.6K
KCG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:15 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

kcg holdings inc-cl a (KCG) Key Developments

KCG Launches Client Trading Strategy "Catch"

KCG Holdings, Inc. announced the release of "Catch," a client execution algorithm designed to leverage smart logic, adaptability and advanced analytics to capture liquidity and achieve incremental micro alpha. Catch is the newest strategy in a suite of algorithmic trading offerings developed by KCG to translate the firm's deep market making expertise to the benefit of its electronic trading clients. Catch has a highly flexible participation range, so that it has room to move and pursue liquidity as needed. Clients can determine its urgency level, selecting "Passive," "Neutral" or "Aggressive," depending on how they want the strategy to behave. This new strategy follows on the success of the firm's earlier release of "Opportunistic," a liquidity-seeking algorithm that combines the benefits of market maker-like order management logic with comprehensive access to internal and external market liquidity.

KCG Holdings, Inc. Presents at Barclays Select Series 2014: SMID Cap Conference, Nov-12-2014

KCG Holdings, Inc. Presents at Barclays Select Series 2014: SMID Cap Conference, Nov-12-2014 . Venue: Barclays headquarters, 745 Seventh Avenue, New York, NY 10019, United States.

KCG Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

KCG Holdings, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported that total revenues were $272,302,000 compared to $469,338,000 a year ago. Loss from continuing operations before income taxes was $15,235,000 compared to income from continuing operations before income taxes of $121,373,000 a year ago. Loss from continuing operations, net of tax $9,439,000 or $0.09 per diluted share compared to income from continuing operations, net of tax $228,563,000 or $1.99 per diluted share a year ago. Net loss was $9,616,000 or $0.09 per diluted share compared to net income of $227,779,000 or $1.98 per diluted share a year ago. Non-GAAP basis, loss from continuing operations before income taxes was $19,518,000 compared to income from continuing operations before income taxes of $19,047,000 a year ago. For the nine months, the company reported that total revenues were $970,092,000 compared to $703,962,000 a year ago. Income from continuing operations before income taxes was $58,656,000 compared to $41,677,000 a year ago. Income from continuing operations, net of tax was $36,465,000 or $0.31 per diluted share compared to $143,578,000 or $2.40 per diluted share a year ago. Net income was $34,968,000 compared to $142,794,000 a year ago. Net income attributable to common shareholders was $34,968,000 or $0.30 per diluted share compared to $164,329,000 or $2.39 per diluted share a year ago. Non-GAAP basis, income from continuing operations before income taxes was $59,557,000 compared to $16,212,000 a year ago.

KCG Seeks To Sell Hotspot

KCG Holdings, Inc. (NYSE:KCG) said it may sell its electronic foreign exchange trading venue, Hotspot, to potential buyers. It had begun to explore strategic options for Hotspot, and that it would aim to sell the unit if doing so would create the best value for its shareholders. KCG Chief Executive Daniel Coleman said, "I think we've seen this movie before. You start with fines, then you start with regulatory change and then you start with market change. I think Hotspot is really well positioned to play a big role here and I think there is an opportunity for shareholders to get a good value if we go that route."

KCG Holdings, Inc. Presents at KBW 2014 Securities Brokerage & Market Structure Conference, Nov-19-2014 07:45 AM

KCG Holdings, Inc. Presents at KBW 2014 Securities Brokerage & Market Structure Conference, Nov-19-2014 07:45 AM. Venue: Mandarin Oriental, New York, New York, United States. Speakers: Daniel B. Coleman, Chief Executive Officer and Director.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KCG:US $11.82 USD +0.32

KCG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BGC Partners Inc $8.86 USD +0.32
GFI Group Inc $5.38 USD +0.05
Interactive Brokers Group Inc $27.95 USD +0.68
Investment Technology Group Inc $19.99 USD +0.58
Susquehanna Bancshares Inc $13.16 USD +0.27
View Industry Companies
 

Industry Analysis

KCG

Industry Average

Valuation KCG Industry Range
Price/Earnings 100.0x
Price/Sales 1.0x
Price/Book 0.8x
Price/Cash Flow 14.6x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KCG HOLDINGS INC-CL A, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.