Knight Capital Group Inc.’s board plans to meet on Dec. 3 to resume assessing takeover offers from Getco LLC and Virtu Financial LLC, its second gathering in five days, according to a person with ...
NEW YORK (AP) -- Nearly five months after a major software malfunction at Knight Capital roiled financial markets, the trading firm has agreed to sell itself to a competitor, Getco, in a ...
Trading firm Getco Holding Co offered to merge with Knight Capital Group Inc to create one of the largest U.S. market makers for stocks and options. Getco's two-step deal values the combined company ...
Knight Capital Group Inc.’s new owner may carve up and sell parts of the trading and financial services firm to reduce debt used to pay for the acquisition. BondPoint and Hotspot FX, Knight’s bond and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Getco, the pioneering US high-frequency market-making firm, is for the first time making its proprietary ...
CHICAGO — Getco LLC on Wednesday said it plans to expand its New York Stock Exchange floor-trading business as part of a long-range plan by the Chicago-based trading firm to build a client base of ...
Knight Capital decided "to pursue a takeover.” That's how one New York media organization portrayed the tie-up between Jersey City’s Knight Capital and Chicago-based Getco, both designated NYSE market ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Getco LLC, arguably once the biggest name in Chicago ...
We’ll send you a myFT Daily Digest email rounding up the latest Daniel Coleman news every morning. Getco, the proprietary trading and market-making firm, has hired Daniel Coleman, former head of ...
Knight Capital was saved by a consortium of industry peers over the summer, but now, a few months later, the sharks are circling and the trading firm is at the heart of what may erupt into a bidding ...
Getco had made an unsolicited bid for Knight in late November, which was followed by an unsolicited bid from Virtu. By Tuesday, Getco had increased the cash portion of its offer and valued its bid at ...
Electronic trading firm Getco Holdingsannounced in a press release Wednesday that it will acquire Knight Capital Group for $1.4 billion. The two companies will be combined under a new holding company ...