On Friday, Shares of KCG Holdings, Inc. (NYSE:KCG), lost - 3.74% to $10.80.
KCG Holdings, released trade volumes for the month of August 2015.
In Market Making, KCG averaged $35.6 billion dollar volume traded, 4.5 billion shares traded, and 4.6 million trades per day in U.S. equities.
In Global Execution Services:
- KCG electronic execution averaged 336.9 million shares traded per day in U.S. equities
- KCG BondPoint averaged $139.2 million per day in fixed income par value
As for the overall market conditions in August, merged U.S. equity volume averaged $321.3 billion in dollar volume and 7.9 billion shares traded per day. The realized volatility for the S&P 500 was 27.2.
In August, there were 21 trading days in U.S. equities and fixed income.
KCG Holdings, Inc., an independent securities firm, provides various services designed to address trading needs across asset classes, product types, and time zones. The company operates through three segments: Market Making, Global Execution Services, and Corporate and Other.
Shares of Taubman Centers, Inc. (NYSE:TCO), inclined 1.66% to $69.63, during its last trading session.
Taubman Centers, declared that Lisa A. Payne will transition the company’s chief financial officer role to Treasurer and Executive Vice President, Capital Markets, Simon J. Leopold, effective January 1, 2016. Payne will retain her role as vice chairman of the Board until leaving the company in March 2016.
Payne joined Taubman in 1997 from her position as vice president of Goldman Sachs’ Investment Banking Division. During her impressive tenure as CFO, the total return of Taubman Centers, Inc., shares has been 1,254 percent or 15 percent per annum. Her focus on balance sheet strength enabled the company to successfully weather the Great Recession while retaining its cash dividend. The company had sufficient resources to avoid issuing equity at an inopportune time, driving shareholder value creation.
In recent years, she has led the company’s cross-functional innovation team, ensuring that Taubman remains a leader in its operations for years to come. She will continue this work through her departure in 2016.
Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner’s interest in The Taubman Realty Group Limited Partnership (the operating partnership).
At the end of Friday’s trade, Shares of SAP SE (ADR) (NYSE:SAP), lost -3.16% to $64.95.
Velocity Technology Solutions, declared a contract with SAP (NYSE:SAP) to provide a partner managed cloud for SAP software solutions. Velocity will offer an affordable, ready-to-use, subscription-based offering of SAP solutions in its private hosted cloud, enabling customers to access SAP software quickly and easily without the need for up-front infrastructure costs associated with on-premise software deployments.
SAP SE provides application and analytics software and software-related services for enterprises worldwide. The company offers solutions covering various lines of businesses, counting asset administration, commerce, finance, human resources, manufacturing, marketing, sales, service, sourcing and procurement, supply chain, and sustainability, in addition to research and development, and engineering.
Finally, Cincinnati Bell Inc. (NYSE:CBB), ended its last trade with -3.92% loss, and closed at $3.43.
Cincinnati Bell Inc., declared that Chris Elma, vice president & treasurer of Cincinnati Bell Inc., will be presenting at the Deutsche Bank Leveraged Finance Conference on Tuesday, September 29, 2015 at 2:15 p.m. MST / 5:15 p.m. EDT.
Cincinnati Bell Inc. provides diversified telecommunications and technology services primarily in Greater Cincinnati and Dayton, Ohio areas. The company operates through three segments: Wireline, IT Services and Hardware, and Wireless.
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