(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 …
NEW YORK (Reuters) - 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 …
(Reuters) - Virtu Financial ... firm KCG Holdings Inc KCG.N that could help Virtu bolster its businesses that have softened under reduced market volatility. New York-based Virtu has proposed to acquire all the outstanding shares of KCG’s …
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 …
Revenue was reported as $1.45 billion. KCG shares have risen slightly more than 2 percent since the beginning of the year. The stock has risen 30 percent in the last 12 months. This story was generated by Automated Insights …
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 as $1.33 billion. Shares of KCG were up 27 percent in extended trading …