GETCO picked up Knight in order to diversify its business, which at the time was almost exclusively prop trading, with Knight’s customer-facing businesses, Mindlin began. GETCO was struggling because ...
Getco made public on Wednesday a $539 million offer to take full control of Knight Capital Group (NYSE:KCG), but rival Virtu is poised to submit its own bid for the market maker. The cash-and-stock ...
Announcing results for the first time since Knight Capital and Getco joined forces, KCG Holdings (NYSE:KCG) logged a second-quarter loss of $104 million on Wednesday amid deal costs and slumping Getco ...
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