Seeking Alpha

Knight Capital (KCG -0.4%) gyrated early but has settled near breakeven after posting a Q3 loss....

Knight Capital (KCG -0.4%) gyrated early but has settled near breakeven after posting a Q3 loss. The “Aug. 1, 2012 technology issue” - the software glitch that caused dozens of stocks to fluctuate wildly - turned out to cost $461M vs. previously reported $440M. KCG has essentially ceded control over its operations to an investor group, but CEO Tom Joyce tried to reassure that clients have not fled.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs