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It was Goldman Sachs that took over Knight Capital's (KCG) positions following the software...
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Friday, August 3, 2012, 3:01 PM ETIt was Goldman Sachs that took over Knight Capital's (KCG) positions following the software glitch on Wednesday, a faux-pas that ended up costing Knight $440M.
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GS and BoA are looking to bid or take advantage. They all want in on the HFT technology and want more of it obviously. This is a disaster for people like me who try hard to make an honest buck.