NEW YORK: Federal authorities are investigating the market-making arms of Citadel LLC and KCG Holdings Inc, looking into the possibility that the two giants of electronic trading are giving small investors a poor deal when executing stock
John A Mccarthy , General Counsel of KCG Holdings, Inc. Class A (NYSE:KCG) reportedly Sold 26,951 shares of the …
(Reuters) — Federal authorities are investigating the market-making arms of Citadel and KCG Holdings, looking into the possibility that the two giants of electronic trading are giving small investors a poor deal when executing stock
Formed when Knight Capital Group Inc. merged with GETCO Holding Co. in July 2013, the firm helps institutions trade stock using specialized algorithms, operates private trading venues and engages in high-frequency trading in the …
The market-making operations of Citadel LLC and KCG Holdings Inc. (KCG ... The SEC is weighing approval for a new stock exchange, IEX, which will put 0.00035-second delays on orders so as to lessen the advantage enjoyed by high …
KCG stock jumped $1.99, or 11.2 percent, to $19.73 and Virtu rose $1.05, or 7 percent, to $16. Equipment rental company United Rentals flopped after its sales fell far short of expectations. The company said rental rates are still somewhat …
The defections to Cantor come just days after stock exchange wannabe IEX, which is awaiting government approval later this month, poached KCG’s Eric Stockland, an expert on high-frequency trading. KCG declined comment. Cantor did …
The Justice Department has subpoenaed information from Citadel and KCG related to the firms' execution of stock trades on behalf of clients, according to people familiar with the investigation. Authorities are examining internal data …