(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
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 …
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 …
(Reuters) - Virtu Financial Inc (VIRT.O) has made a bid to buy rival ... New York-based Virtu has proposed to acquire all the outstanding shares of KCG’s common stock for $18.50-$20.00 per share in cash, valuing the company at as much …
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 …
Prior to that, he was a securities lending trader at KCG Holdings from 2012-2015 ... and spent 14 years at the Toronto Stock Exchange (TMX) where he was most …
NEW YORK, April 20, 2017 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT) today announced that it has …
(Corrects paragraph 10 to clarify that borrowings from JPMorgan will be $1.65 bln not $125 mln, and stock worth $750 mln not $625 mln will be sold to North Island and Temasek) April 20 (Reuters) - Virtu Financial Inc said it would buy rival …
That would represent a 72% increase in earnings since 2010. By comparison, the stock index has recorded a 21% gain during the same period. S&P analysts say earnings will climb to another record of $111.73 in 2013. But they project …
to acquire all outstanding shares of KCG's Class A Common Stock for $20.00 per share in cash. However, plaintiff claims that the proposed consideration NYSE:KCG shareholders will receive is grossly inadequate and undervalues KCG