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By Nina Mehta and Lindsey Rupp, Bloomberg |
April 8, 2013
Trying to reduce market disruptions, regulators are instituting a plan that creates price bands in which shares are allowed to trade on American equity exchanges, replacing the old system of immediate pauses when shares swing rapidly.
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By Silla Brush |
March 18, 2013
CFTC Commissioner Bart Chilton says high-frequency wash trades distort liquidity and prices.
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By Nina Mehta and Jeffrey McCracken |
December 19, 2012
Bloomberg is reporting that the offer for the owner of the New York Stock Exchange may be made public this week.
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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 Canaccord Genuity Morning Coffee |
November 27, 2012
Shares of Knight Capital got a lift Monday after rumors surfaced over the weekend that it may look at selling its market-making operation.
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By Whitney Kisling, Bloomberg |
August 2, 2012
Knight Capital Group Inc. has “all hands on deck” and is in close contact with creditors, clients and counterparties as it tries to weather trading errors that cost it $440 million, Chief Executive Officer Thomas Joyce said.
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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 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.
