A listing and description of our operating business subsidiaries.
We provide the trading solutions you need—market making or agency, lit or dark, voice or automated—while creating more efficient, resilient markets around the world.
KCG MatchIt is an ATS that operates in the United States and is registered with the Securities and Exchange Commission. MatchIt is an anonymous crossing venue that brings together a variety of sources of non-displayed liquidity from broker-dealers. These sources include liquidity providers, institutional brokers, KCG’s client market making business, KCG proprietary flow, DMA flow from third-party broker-dealers, and algorithmic order flow from third-party broker-dealers and KCG Electronic Trading.
KCG MatchIt operates as a neutral venue. MatchIt does not onward route orders that do not match within the ATS. MatchIt does not maintain a visible order book of any kind or utilize IOIs in any way.
KCG MatchIt is operated by KCG Americas LLC ("KCGA"), a wholly owned broker-dealer subsidiary of KCG Holdings, Inc. KCG is a member of FINRA, SIPC, and most national securities exchanges.