Net capital requirements

The Company's U.S. registered broker dealer is subject to the SEC’s Uniform Net Capital Rule, which requires the maintenance of minimum net capital. In 2014, the Company's U.S. registered broker dealer was in compliance with its capital adequacy requirements.

The following table sets forth the net capital levels and requirements for the Company’s U.S. registered broker dealer subsidiary at December 31, 2014 as filed in its regulatory filings (in thousands):



Entity	Net Capital		Net Capital Requirement		Excess Net Capital
KCG Americas LLC	$	285,231	$	1,000	$	284,231

The Company's U.K. registered broker dealers are subject to certain financial resource requirements of Financial Conduct Authority ("FCA") while the Company's Singapore and Australian broker dealers are subject to certain financial resource requirements of the Securities and Futures Commission and the Australian Securities and Investment Commission, respectively. The following table sets forth the financial resource requirement for the following foreign regulated broker dealers at December 31, 2014 (in thousands):



Entity	Financial Resources		Resource Requirement		Excess Financial Resources
KCG Europe Limited	$	187,940	$	124,577	$	63,363
GETCO Europe Limited	7,254		1,759		5,495

The businesses of GETCO Europe Limited were combined into KCG Europe Limited in the second quarter of 2014 but the legal entity itself has not officially dissolved. The consolidation of the Company's U.K. broker dealers allowed for the release of approximately $45.0 million in excess capital during year ended December 31, 2014. The Company is in the process of withdrawing GETCO Europe Limited's membership with the FCA.