Something seems to be happening at Knight Capital Group, Inc. (NYSE: KCG). Whatever it is, it sure does not seem like a good development. It is not really any longer a secret that Congressional oversight is probably coming after …
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 …
KCG)’s preferred stocks, worth $400 million, convertible into common stock. Under the deal, the new investors will get 267 million shares of the brokerage firm, which gives Knight shares a value of roughly $1.50 per share. Before the trading …
The brokerage firm handles nearly 11 percent of all stock trading among American companies ... "The large trading losses suffered by Knight Capital Group (KCG) since Wednesday's software glitch may ultimately lead to a structural change …
JPMorgan Chase is planning to fire its market maker on the floor of the New York Stock Exchange in part for poor performance ... JPMorgan recently informed the exchange that it was seeking to replace KCG Holdings, the New …
Jefferies Group (JEF) said early Monday that it has agreed to merge with one of its largest shareholders in an all-stock deal, sending shares of the ... of an investing team that rescued Knight Capital (KCG) after a massive trading glitch …
The high-frequency trading firm Virtu Financial has decided to postpone ... who use computer algorithms to buy and sell shares in milliseconds. The stock of another trading company, KCG Holdings, fell 3.3 percent on Tuesday. KCG is the …
Bats Global Markets Inc. on Monday launched its initial public stock offering, signalling that the second-largest ... Its owners include JPMorgan Chase & Co., Goldman Sachs Group Inc., KCG Holdings Inc. and Citadel LLC. The …
In yet another blow to Nasdaq (NDAQ), two of its main rivals-- BATS and Direct Edge-- announced a merger Monday morning that will create the second largest stock exchange by volume ... by Knight Capital Group (KCG) in 2005, but …