In this report, we study the market’s reaction to new orders being routed to different venues. We find that inverted routes signal much more than maker-taker routes. Consequently, quantifying opportunity costs and optimizing routing become even more difficult. This is just one reason why we spend so much time experimenting with real trades to tune our algorithms.Read More | Download PDF
Client Market Making
Electronic trading combined with experienced traders allows KCG to provide among the highest retail order execution quality in the industry.
Direct access to deep, off-exchange liquidity, tailored to your needs.
Exchange-Registered Market Making
Our role as a market maker, continually buying and selling to reduce friction in the markets, facilitates liquid, transparent and orderly markets.