(Reuters) - Virtu Financial Inc said it would buy rival KCG Holdings Inc in a $1.4 billion deal that brings ... The deal will be financed through stock sale worth $750 million to private equity firm North Island and Temasek and borrowings of $1.65 …
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 …
KCG Holdings Inc. (KCG) gapped open higher Friday and rose sharply during the first 45 minutes of trade. Shares finished up by 1.02 at $15.60 on above average volume. The stock broke out of a 2-month trading range and set a new high for …
On Aug. 6 several broker-dealers entered into a Securities Purchase Agreement, exchanging $400 million for 400,000 shares of Knight convertible-preferred stock. Shares of KCG are for the patient Knight’s class A shares are 76% lower …
Virtu Financial, which completed its acquisition of KCG Holdings in July, announced its first joint results Tuesday and …
KCG ... the stock market, briefly causing chaos on Wall Street and renewing calls for tougher restrictions on high-speed trading. Knight had to secure a $400-million lifeline from private-equity firms and other brokerages just to stay alive. …
NEW YORK (Reuters) - Trading firm KCG Holdings awarded its chief executive ... with the remainder of his earnings in stock and options awards, as well as a $700,000 cash bonus, according to the company's proxy statement with the …
Bloomberg TV has reported that certain trades are going to be broken which are tied to the fat-fingering and technology issue tied to Knight Capital Group, Inc. (NYSE: KCG) this morning ... so frustrated and quit the stock market for good, …
KCG Holdings, a high-frequency trading specialist, claimed in a lawsuit filed this month in a southern NY district court that Hibernia Networks is trying to cut off its access to a vital transatlantic cable. That's because, we're told, KCG's new …
Knight Capital Group (NYSE: KCG) received bidding offers from two market makers ... war by placing an offer to purchase Knight for about $1 billion in cash and stock, about $3.50 a share. Since Getco and Virtu both operate …