It was an explosive allegation. Naked short sales are when you sell a stock you don’t have. That’s illegal most of the time, for obvious reasons. DiIorio found evidence that KCG had illegally conducted nearly two billion …
Simon provides outperforming buy and sell opinions on stocks, currencies, bonds, commodities, and real estate. His in-depth research covers most of the major financial markets in America. His research is based on the …
J.P. Morgan Chase & Co. has replaced its market maker on the floor of the New York Stock Exchange with Virtu Financial Inc., according to a trader notice sent out from the exchange on Tuesday afternoon. The bank fired …
J. P. Morgan
KCG Holdings Inc. boosted its stake in shares of Valero Energy Corporation (NYSE:VLO) by 223.1% during the third quarter, Holdings Channel reports. The fund owned 95,833 shares of the company’s stock after buying an …
KCG Holdings
KCG Holdings is to sell its market making business to high-frequency trader Citadel, the second major market maker disposal in recent weeks. Last week, Barclays announced it was selling its New York Stock Exchange …
NYSE
There’s little question KCG has struggled of late, as have many other trading operations. Its second-quarter earnings fell below analysts’ expectations, due in part to a 20% dip in trading revenue from the previous period. …
While some institutional traders have fallen behind in the computer arms race, the evidence shows that retail traders enjoy some of Wall Street’s best prices on their stock orders ... prices than large orders. At KCG, …
Trades
After the close of the transaction, KCG common stock is expected to trade under the ticker symbol "KCG" on the New York Stock Exchange. About Knight Knight Capital Group (NYSE Euronext: KCG) is a global financial …
(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 …
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 …
KCG Holdings