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By Nina Mehta and Stephanie Ruhle, Bloomberg |
November 29, 2012
Knight Capital Group Inc. capped its biggest rally in nine years after getting takeover offers from Getco LLC and Virtu Financial LLC, setting up a bidding war that may end its 17-year history as an independent company.
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By Nina Mehta and Saijel Kishan, Bloomberg |
October 31, 2012
Knight Capital Group Inc., one of the largest U.S. market makers, shut down trading of equities today after backup power failed at its headquarters in Jersey City, New Jersey, amid a blackout following Hurricane Sandy.
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By Nina Mehta, Bloomberg |
August 14, 2012
Bats Global Markets Inc., the third- largest U.S. stock exchange operator, plans to create a program to draw orders from retail customers to one of its two markets.
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By Daniel P. Collins |
July 16, 2012
Russ Wasendorf Sr. was not some obscure head of a midsized future commission merchant but a seriously engaged member of the futures world.
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By Whitney Kisling, Bloomberg |
July 5, 2012
The New York Stock Exchange’s plan to lure more stock orders from individuals was approved by the U.S. Securities and Exchange Commission, dealing a setback to Wall Street firms that increasingly keep the business for themselves.
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By Nina Mehta, Bloomberg |
June 7, 2012
Nasdaq OMX Group Inc.’s plan to earmark $40 million for brokers whose orders were mishandled in Facebook Inc.’s initial public offering will hurt competition, according to NYSE Euronext.
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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.