Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Knight Capital (KCG) has reportedly been approached by high-speed trading firms Getco and Virtu...

  • Sunday, November 25, 2012, 3:15 AM ET
    Knight Capital (KCG) has reportedly been approached by high-speed trading firms Getco and Virtu Financial about selling them its market-making operations. The business is Knight's largest and most profitable, but suffered a massive loss in August when a technical problem flooded the market with mistaken orders.
Track new comments on this story

This news story has 2 comments:

  • ... the business is very profitable ... but suffered a massive loss. what a great combination.
    25 Nov 2012, 03:44 PM Reply Like
  • what will this do for stock price if kcg sells
    25 Nov 2012, 04:21 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)