KCG Holdings, Inc. operates as an independent securities company. The company has multiple access points to trade global equities, options, fixed income, currencies and commodities via voice or automated execution. Segments Market Making The Market Making segment principally consists of market making in the cash, futures and options markets across global equities, options, fixed income, foreign currencies and commodities. As a market maker, the company commits capital on a principal basis by offering to buy securities from, or sell securities to, broker dealers, institutions and banks. Principal trading in the Market Making segment primarily consists of direct-to-client and non-client exchange-based electronic market making, including trade executions conducted as an equities Designated Market Maker (DMM) on the New York Stock Exchange (NYSE) Nasdaq Stock Market, OTC market, NYSE Arca, and NYSE Amex Equities (NYSE Amex). The company is an active participant on all major global equity and futures exchanges and also trades on substantially all domestic electronic options exchanges. As a complement to electronic market making, the company’s cash trading business handles specialized orders and also transacts on the OTC Bulletin Board, marketplaces operated by the OTC Markets Group Inc. and the Alternative Investment Market of the London Stock Exchange. The company is an active participant on all major global equity, futures and options exchanges. The company is connected to a large number of external market centers, including exchanges, electronic communication networks (ECNs), alternative trading systems (ATSs), dark liquidity pools, alternative display facilities, multilateral trading facilities, and other broker dealers. The company offers direct-to-client market making services across multiple asset classes primarily to sell-side clients, including global, national, regional and electronic broker dealers, as well as buy-side clients comprising, among others, mutual funds, pension plans, plan sponsors, hedge funds, trusts, endowments and traditional investment banks in North America, Europe, and Asia. Global Execution Services The Global Execution Services segment consists of agency execution services and trading venues, offering trading in global equities, options, foreign exchange, fixed income and futures to institutions, banks and broker dealers. The company generally earns commissions as an agent between principals to transactions that are executed within this segment. The company is an active participant on all major global equity, futures and options exchanges. The majority of revenues for this segment are derived from agency-based, execution-only trading encompassing self-directed trading in global equities through the Knight Direct and GETAlpha suite of algorithms or via the Knight Direct execution management system; institutional high touch sales traders executing program, block and riskless principal trades in global equities and exchange traded funds (ETFs); an institutional spot foreign exchange ECN (KCG Hotspot); a fixed income ECN that also offers trading applications (KCG BondPoint); an ATS for global equities (Knight Match); and futures execution and clearing through a futures commission merchant (KCG Futures). The company offers agency execution services and trading venues across multiple asset classes to buy-side clients, including mutual funds, pension plans, plan sponsors, hedge funds, trusts, endowments and sell-side clients, including global, national, regional and electronic broker dealers. The company offers clients a range of products and services and voice access to the global markets, including sales and trading for equities, ETFs, options, futures and fixed income securities. The company also provides soft dollar and commission recapture programs. Additionally, it provides buy-side clients with deep liquidity, actionable market insights, anonymity and trade executions with minimal market impact and offers comprehensive trade execution services covering the depth and breadth of the market. The company handles large complex trades, accessing liquidity from its order flow, as well as other sources. The Knight Direct platform provides direct market access to U.S. and international equities, options, futures, foreign exchange and commodities, whether self-directed, through the use of the Knight Direct and GETAlpha suites of algorithms or via internal crossing through its Knight Match ATS. KCG Hotspot FX provides electronic foreign exchange trading solutions to buy-side firms through its foreign exchange ECN that provides clients with access to live, executable prices for 62 currency pairs, as well as spot gold and silver streamed by market maker banks and other clients. KCG Hotspot FX offers clients various access options, including direct high-speed connectivity and a traditional front-end application. KCG BondPoint provides electronic fixed income trading solutions to sell-side firms. KCG BondPoint operates a fixed income ECN that serves as an electronic inter-dealer system and allows clients to access live and executable retail-sized offerings in corporate bonds, municipals, government agency, treasuries and certificates of deposits. KCG BondPoint also provides front-end applications for brokers and advisors, as well as a trading application for traders. KCG Futures is a futures commission merchant, which provides clients in the U.S. and Europe with futures execution and clearing services to facilitate transactions among brokers, institutions and non-clearing futures commission merchant on major U.S. and European futures and options exchanges. History KCG Holdings, Inc. was founded in 1999.
kcg holdings inc-cl a (KCG:New York)
545 Washington Boulevard
Jersey City, NJ 07310
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