Knight Trading Group Newswire

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Results 1 - 20 of 79 in Knight Trading Group

  1. Virtu raises $314M in first IPO of high-speed traderRead the original story w/Photo

    Thursday Apr 16 | Crain's New York Business

    Virtu Financial Inc. raised $314 million in its initial public offering, after the high-frequency trader's shares were priced at the top of the marketed range. Virtu sold sold 16.5 million Class A shares for $19 each, according to a statement Wednesday, after offering them for $17 to $19.

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  2. Virtu to Price Shares in IPO at $19 Each, Top of RangeRead the original story

    Wednesday Apr 15 | Bloomberg

    Virtu Financial Inc. raised $314 million in its initial public offering, after the high-frequency trader's shares were priced at the top of the marketed range. Virtu sold sold 16.5 million Class A shares for $19 each, after offering them for $17 to $19.

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  3. KCG Releases March 2015 Trade VolumesRead the original story

    Wednesday Apr 15 | PR-inside.com

    KCG RELEASES MARCH 2015 TRADE VOLUMES JERSEY CITY, N.J. - April 15, 2015 - KCG Holdings, Inc. today released trade volumes for the month of March 2015. In Market Making, KCG averaged $29.8 billion dollar volume traded, 5.2 billion shares traded, and 3.8 million trades per day in U.S. equities.

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  4. Insider Selling: Daniel V. Tierney 2011 Trust Sells 27,176 Shares of...Read the original story

    Tuesday Apr 14 | AmericanBankingNews.com

    KCG Holdings, Inc. Class A major shareholder Daniel V. Tierney 2011 Trust sold 27,176 shares of KCG Holdings, Inc. Class A stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $12.29, for a total transaction of $333,993.04.

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  5. MOVES-Startup market-maker Arxis Capital loses two executives-BloombergRead the original story

    Monday Apr 13 | Reuters

    Arxis Capital's U.S. and Asia heads of trading have quit the market-making startup, which was formed by former Bank of America Corp traders and ex-Knight Capital Group chief Tom Joyce, Bloomberg reported, citing two people with familiar with the matter. Jonathan Wang, who ran New York-based Arxis Capital's desk in the United States, and Peter Yuen, his counterpart in Hong Kong, have left, Bloomberg reported, citing people who asked not to be identified because the moves are private.

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  6. BofA Refugees Said to Leave Tom Joyce's Market-Making StartupRead the original story

    Monday Apr 13 | The Washington Post

    The market-making startup created by former Bank of America Corp. traders and ex-Knight Capital Group chief Tom Joyce lost its U.S. and Asia heads of trading, according to two people with knowledge of the situation. Jonathan Wang, who ran New York-based Arxis Capital's desk in the U.S., and Peter Yuen, his counterpart in Hong Kong, have departed, according to the people, who asked not to be identified because the moves are private.

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  7. From Cloud 9 to cloud catastrophe - 9 calamities to hit the industryRead the original story

    Monday Apr 13 | Aurora Era-Banner

    A new technology is bound to have some teething problems, but these are some of the most significant cloud blunders that have happened. In its early days cloud technology was met with many suspicious glances, with slow adopters citing concerns over security and stability as a reason not to adopt.

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  8. KCG Holdings, Inc. Class A major shareholder Sells $323,753.00 in StockRead the original story

    Friday Apr 10 | AmericanBankingNews.com

    KCG Holdings, Inc. Class A major shareholder Daniel V. Tierney 2011 Trust sold 26,300 shares of KCG Holdings, Inc. Class A stock on the open market in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $12.31, for a total value of $323,753.00.

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  9. Flash crashes. Glitches in the trading systemRead the original story w/Photo

    Friday Apr 10 | We make money not art

    In my naive and poorly informed mind, the stock market breathes at the rhythm of men wearing dark suits, pressing an earpiece against their head and frantically raising and waving their other hand. Mine is however a very antiquated vision of trading.

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  10. KCG Holdings, Inc. Class A major shareholder Sells $322,188.12 in StockRead the original story

    Wednesday Apr 8 | AmericanBankingNews.com

    KCG Holdings, Inc. Class A major shareholder Daniel V. Tierney 2011 Trust sold 26,067 shares of the stock on the open market in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $12.36, for a total value of $322,188.12.

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  11. KCG Holdings, Inc. Class A Receives Average Recommendation of...Read the original story

    Wednesday Apr 8 | AmericanBankingNews.com

    Shares of KCG Holdings, Inc. Class A have earned a consensus rating of "Hold" from the seven ratings firms that are presently covering the company, Analyst Ratings Network.com reports . One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company.

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  12. KCG Holdings, Inc. Class A major shareholder Daniel V. Tierney 2011 Trust Sells 12,122 SharesRead the original story

    Monday Apr 6 | AmericanBankingNews.com

    KCG Holdings, Inc. Class A major shareholder Daniel V. Tierney 2011 Trust sold 12,122 shares of KCG Holdings, Inc. Class A stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $12.47, for a total value of $151,161.34.

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  13. Virtu Financial to resume IPORead the original story w/Photo

    Monday Apr 6 | Business Journal

    Last year, in the wake of Michael Lewis 's latest book, "Flash Boys", the high-frequency trading firm Virtu Financial decided to delay its initial public offering . Now, the company appears on-track to resume that process.

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  14. KCG Announces First Quarter 2015 Earnings DateRead the original story

    Thursday Apr 2 | PR-inside.com

    KCG ANNOUNCES FIRST QUARTER 2015 EARNINGS DATE JERSEY CITY, N.J. - April 2, 2015 - KCG Holdings, Inc. will release first quarter 2015 financial results on Friday, May 1, 2015 prior to the market open. A conference call to review the results will be held at 9:00 a.m. Eastern Time that morning.

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  15. KCG Completes Sale of KCG HotspotRead the original story

    Mar 13, 2015 | PR-inside.com

    KCG COMPLETES SALE OF KCG HOTSPOT JERSEY CITY, New Jersey - March 13, 2015 - KCG Holdings, Inc. today announced the completion of the sale of spot FX trading venue KCG Hotspot to BATS Global Markets. At the close, based on the $365 million purchase price, KCG received cash proceeds representing approximately $225 million on an after-tax basis.

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  16. KCG Releases February 2015 Trade VolumesRead the original story

    Mar 13, 2015 | PR-inside.com

    KCG RELEASES FEBRUARY 2015 TRADE VOLUMES JERSEY CITY, N.J. - March 13, 2015 - KCG Holdings, Inc. today released trade volumes for the month of February 2015. In Market Making, KCG averaged $30.8 billion dollar volume traded, 5.0 billion shares traded, and 4.0 million trades per day in U.S. equities.

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  17. KCG Announces Pricing of Private Offering of $500 Million of 6.875% Senior Secured Notes Due 2020Read the original story

    Mar 11, 2015 | PR-inside.com

    KCG ANNOUNCES PRICING OF PRIVATE OFFERING OF $500 MILLION OF 6.875% SENIOR SECURED NOTES DUE 2020 JERSEY CITY, New Jersey - March 11, 2015 - KCG Holdings, Inc. today announced that on March 10, 2015, it priced a private offering of $500 million principal amount of 6.875% senior secured notes due 2020 . KCG intends to use the net proceeds from the offering to repay KCG's maturing convertible notes and redeem KCG's existing senior secured notes as well as for general corporate purposes, which may include share and warrant repurchases.

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  18. KCG's Market-Making Unit Head ResignsRead the original story w/Photo

    Mar 2, 2015 | Wall Street Journal

    George Sohos, the longtime head of KCG Holdings Inc.'s profitable market-making division, has resigned from the company effective immediately, the company said. Mr. Sohos's departure comes several months after another senior executive left KCG, which was formed when Knight Capital Group Inc. merged with Chicago-based high-frequency trading company Getco LLC in 2013.

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  19. KCG Announces Expected Capital Markets Debt TransactionRead the original story

    Feb 27, 2015 | PR-inside.com

    KCG ANNOUNCES EXPECTED CAPITAL MARKETS DEBT TRANSACTION JERSEY CITY, New Jersey - February 27, 2015 - KCG Holdings, Inc. today announced that it expects to launch a capital markets debt transaction in the next week, subject to market conditions. The net proceeds from any offering would be used to repay KCG's maturing convertible notes and redeem KCG's existing senior secured notes as well as for general corporate purposes, which may include share repurchases.

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  20. KCG to Launch New Risk Arbitrage GroupRead the original story

    Feb 24, 2015 | PR-inside.com

    February 24, 2015 - KCG Holdings, Inc. today announced the launch of its risk arbitrage group, a new offering specifically dedicated to providing clients with insight into complex and special situations through expert regulatory and event arbitrage-related analysis. Greg Tusar, Co-Head of KCG's Global Execution Services and Platforms commented: "Whether it's executing a trade, tailoring an algorithmic strategy or evaluating execution quality venue by venue, our clients look to us for market expertise and smart solutions.

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