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By Michael McFarlin |
March 29, 2013
A wrap-up of industry hires and promotions.
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By Michael McFarlin |
March 8, 2013
A wrap-up of industry hires and promotions.
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By Alanna Byrne |
February 22, 2013
A wrap-up of promotions and moves from around the industry
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By Stephanie Ruhle, Zachary R. Mider and Nina Mehta, Bloomberg |
December 19, 2012
Knight Capital Group Inc.’s decision to pursue a takeover by Getco LLC gives its shareholders, mostly Wall Street firms, an opportunity for stock appreciation while surrendering the certainty of cash.
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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 and Whitney Kisling, Bloomberg |
September 11, 2012
A trading loss that almost sent Knight Capital Group Inc. into bankruptcy may spur regulatory changes to protect against future errors by “knuckleheads,” Knight Chief Executive Officer Thomas Joyce said.
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By Nina Mehta, Bloomberg |
August 14, 2012
Regulations put in place to protect investors after $862 billion of market value was briefly erased on May 6, 2010, were the same rules that almost ruined Knight Capital Group Inc. this month.
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By Stephanie Ruhle, Christine Harper and Nina Mehta, Bloomberg |
August 14, 2012
Knight Capital Group Inc.’s $440 million trading loss stemmed from an old set of computer software that was inadvertently reactivated when a new program was installed.
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By Inyoung Hwang and Stephanie Ruhle, Bloomberg |
August 8, 2012
Knight Capital Group Inc. Chief Executive Officer Thomas Joyce estimated last week’s trading loss will be $270 million after taxes and told clients the firm is “in good standing” with clearinghouses.
