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288:, plus institutional sales and trading. In August 2012, a technological/managerial breakdown subsequently dubbed the "Knightmare" caused Knight to lose $ 460m in the course of one trading day, nearly putting the firm out of business. In December 2012, it agreed to be acquired by Getco LLC. The merger was approved by the respective stockholders and unitholders of both companies on June 25, 2013.
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was founded in 1999 by
Stephen Schuler and Daniel Tierney, former floor traders in Chicago, and had 400 employees at the time of the merger. The firm's primary business was electronic
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was founded in 1995 as Knight/Trimark Group and had about 1400 employees at the time of the merger. Its largest business was market-making in US equities for retail
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In April 2017, Virtu
Financial announced that it would purchase KCG Holdings for US$ 1.4 billion in cash. The acquisition closed on July 20, 2017.
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Virtu
Financial, Inc. Agrees to Acquire KCG Holdings, Inc. to Create a Premier Market Maker and Agency Execution Firm
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In
January 2015, KCG Holdings announced it would be selling its foreign exchange trading platform KCG Hotspot to
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On July 8, 2013, chief executive officer Daniel
Coleman rang the opening bell at the
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In 2014, 27 million shares of
Platinum Studios were acquired by KCG Holdings.
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October 23, 2013, Register, "Lone
Sysadmin triggers 462 Million dollar crash"
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for $ 20 per share in cash in a deal valued at approximately $ 1.4 billion.
419:"GETCO to Acquire Knight Capital (KCG) for $ 3.75/Share in Cash and Stock"
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On April 20, 2017, KCG announced that it had agreed to be acquired by
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557:"Is a holding company acquiring what is left of Platinum Studios?,"
614:"Virtu Financial, Inc. Completes Acquisition of KCG Holdings, Inc"
466:"Trading firm Virtu Financial to buy KCG for about $ 1.4 billion"
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through its client services arm, Getco
Execution Services.
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was an
American global financial services firm engaging in
442:"Virtu Financial is buying KCG Holdings for $ 1.4 billion"
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Merrill Lynch, Pierce, Fenner & Smith Inc. v. Manning
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Companies formerly listed on the New York Stock
Exchange
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270:, though it also provided execution algorithms and a
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646:Category:Companies based in London, United Kingdom
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claims against KCG and Merrill Lynch, among others.
680:Financial services companies based in New Jersey
665:Financial services companies established in 2013
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401:"Knight Capital Group And GETCO Complete Merger"
640:Sign up for an account : www.kcgbtc.com
573:"Deals of the day- Mergers and acquisitions"
685:Companies based in Jersey City, New Jersey
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101:Daniel Coleman, Chief Executive Officer
670:American companies established in 2013
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531:"NYSE Press Release, July 03, 2013"
492:"KCG taps former Getco CEO Schuler"
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579:. 28 January 2015. Archived from
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238:GETCO Holding Company, LLC
234:Knight Capital Group, Inc.
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173:US$ 1.522 billion (2014)
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109:Market making and trading
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139:US$ 61.1 million (2014)
293:New York Stock Exchange
268:high-frequency trading
230:high-frequency trading
364:"KCG - Press Release"
366:. KCG Holdings, Inc.
278:Knight Capital Group
71:Knight Capital Group
69:2013 from merger of
494:. Chicago Business.
324:naked short selling
305:for $ 365 million.
303:BATS Global Markets
179:Number of employees
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555:MacDonald, Heidi.
222:KCG Holdings, Inc.
60:Financial services
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440:Shankar, Sruthi.
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378:"About Us | KCG"
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205:NetDelta LLC
201:Subsidiaries
183:1,093 (2014)
163:Total equity
146:Total assets
81:Headquarters
31:Company type
17:KCG Holdings
425:16 December
214:www.kcg.com
659:Categories
623:2018-03-19
587:2015-02-02
476:2020-08-06
451:2020-08-06
383:2013-07-10
331:References
286:dark pools
282:brokerages
129:Net income
97:Key people
51:: KCG
35:Subsidiary
603:virtu.com
506:"History"
272:dark pool
260:Getco LLC
75:Getco LLC
43:Traded as
560:The Beat
312:See also
106:Products
89:New York
56:Industry
577:Reuters
470:Reuters
346:dnb.com
255:History
210:Website
114:Revenue
66:Founded
189:Parent
543:2017
427:2015
236:and
73:and
49:NYSE
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
