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)
  • shakenbake2011
    , contributor
    Comments (72) | Send Message
    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
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
    Sounds like another MF Global in the making.
    3 Aug 2012, 03:17 PM Reply Like
  • Jon Corzine
    , contributor
    Comments (5) | Send Message
    Don't be fooled by imitators.
    3 Aug 2012, 06:38 PM Reply Like
  • SteveK
    , contributor
    Comments (64) | Send Message
    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
  • cn_habs
    , contributor
    Comments (544) | Send Message
    GS shows when it is the best at what it does..
    3 Aug 2012, 03:37 PM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
    I wouldn't be a bit surprised if Goldman was involved in that glitch.
    3 Aug 2012, 04:04 PM Reply Like
  • Alfa164ls
    , contributor
    Comments (18) | Send Message
    It's always Goldman involved, isn't it?
    3 Aug 2012, 05:01 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4746) | Send Message
    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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