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It was Goldman Sachs that took over Knight Capital's (KCG) positions following the software...

It 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.
Comments (8)
  • I'll lend them $440 in cash, but I'm afraid it won't be enough. $KCG is up today on all the people willing to lend them $440 in cash.
    3 Aug 2012, 03:05 PM Reply Like
  • Sounds like another MF Global in the making.
    3 Aug 2012, 03:17 PM Reply Like
  • Don't be fooled by imitators.
    3 Aug 2012, 06:38 PM Reply Like
  • How in the heck does GS make $440M for covering 45 minutes of trading and KCG loses $440M in the same time? The SEC needs to investigate these goings on!!!!
    3 Aug 2012, 03:28 PM Reply Like
  • GS shows when it is the best at what it does..
    3 Aug 2012, 03:37 PM Reply Like
  • I wouldn't be a bit surprised if Goldman was involved in that glitch.
    3 Aug 2012, 04:04 PM Reply Like
  • It's always Goldman involved, isn't it?
    3 Aug 2012, 05:01 PM Reply Like
  • Well, TD and Scottrade loses respect with resuming operations with such a scam.

     

    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.
    4 Aug 2012, 02:16 AM Reply Like
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