-
By Colin Read |
August 8, 2012
When machines replace seasoned traders and market makers, mistakes can occur at dizzying speed.
-
By Nina Mehta and Whitney Kisling, Bloomberg |
August 6, 2012
NYSE Euronext temporarily assigned responsibility for 680 stocks that Knight Capital Group Inc. handles as a primary market maker to Getco LLC so the broker could focus on shoring up its finances.
-
By Cristina Alesci, Whitney Kisling and Nina Mehta, Bloomberg |
August 6, 2012
Knight Capital Group Inc. received a $400 million cash infusion through the sale of convertible securities after trading losses spurred by a software failure drove the market maker to the brink of bankruptcy.
-
By Nina Mehta, Bloomberg |
June 14, 2012
Getco LLC, a Chicago-based automated trading firm, eliminated about 40 jobs last week amid an industry slowdown in transactions.
-
By Saijel Kishan, Bloomberg |
May 24, 2012
Citadel LLC, the investment firm run by Ken Griffin, lost as much as $35 million on Facebook Inc. trades in a $1 billion hedge fund, according to a person with knowledge of the matter.
-
By Steve Zwick |
October 1, 2011
Bond markets are roiling, and both Eurex and CME have introduced new products
-
By Press Release |
September 9, 2011
Volant is the first market maker to join the ISE under the exchange's new Competitive Market Maker trading rights program.
-
By Press Release |
July 15, 2011
Leading global market maker GETCO today announced that it has acquired 100% ownership of Automat, a proprietary trading firm.
-
By Press Release |
May 31, 2011
Virtu Financial will merge with Madison Tyler, forming a new electronic market making firm. Industry veteran Vincent Viola will run the company.
-
By Press Release |
February 15, 2011
Singapore Exchange and the London Metal Exchange have started trading copper, aluminium and zinc futures.
