Net capital requirements

KCGA, 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. As of December 31, 2016, KCGA was in compliance with the applicable regulatory net capital rules.

The following table sets forth the net capital levels and requirements for KCGA at December 31, 2016 as filed in its regulatory filings (in thousands):



	Net Capital		Net Capital Requirement		Excess Net Capital
KCG Americas LLC	$	342,919	$	1,000	$	341,919

The Company's U.K. registered broker dealer is subject to certain financial resource requirements of FCA. The following table sets forth the financial resource requirement for KCG Europe Limited, the Company's U.K. registered broker dealer, at December 31, 2016 (in thousands):



	Financial Resources		Resource Requirement		Excess Financial Resources
KCG Europe Limited	$	140,797	$	111,101	$	29,696

The Company's other U.K. registered broker dealer, GETCO Europe Limited, withdrew from its membership with the FCA during the first quarter of 2015. All business of GETCO Europe Limited had previously been transferred to KCG Europe Limited.