Knight Trading Group Newswire

Comprehensive Real-Time News Feed for Knight Trading Group.

Results 1 - 20 of 57 in Knight Trading Group

  1. New KCG Trading Analysis Demonstrates Speed is Important for All...Read the original story

    Tuesday | PR-inside.com

    TERM INVESTORS JERSEY CITY, New Jersey - November 25, 2014 - KCG Holdings, Inc. today announced that it has issued its market commentary, "The Need for Speed: It's Important, Even for VWAP Strategies" by Phil Mackintosh, Head of Trading Strategy and Analysis. The report analyzes how long-term investors who leverage fast technology, such as smart routers and low latency networks, improve execution performance across various strategies - even for a VWAP strategy.

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  2. KCG Launches Client Trading Strategy 'Catch'Read the original story

    Tuesday Nov 18 | PR-inside.com

    KCG Launches Client Trading Strategy "Catch" New Algorithm Designed to Intelligently Adapt and Capture Liquidity JERSEY CITY, New Jersey - November 18, 2014 - KCG Holdings, Inc. today announced the release of "Catch," a client execution algorithm designed to leverage smart logic, adaptability and advanced analytics to capture liquidity and achieve incremental micro alpha. Catch is the newest strategy in a suite of algorithmic trading offerings developed by KCG to translate the firm's deep market making expertise to the benefit of its electronic trading clients.

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  3. Feds say 'racketeering' lawsuit involving Hudson firms belongs in state courtRead the original story w/Photo

    Saturday Nov 15 | The Jersey Journal

    A federal appeals court this week returned a lawsuit accusing major investment firms of racketeering and securities fraud to New Jersey state court. The Third Circuit three-judge panel ruled Monday that the claims in the lawsuit, brought by investors, "does not arise" under federal law and should be heard in state court.

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  4. KCG Releases October 2014 Trade VolumesRead the original story

    Friday Nov 14 | PR-inside.com

    KCG RELEASES OCTOBER 2014 TRADE VOLUMES JERSEY CITY, N.J. - November 14, 2014 - KCG Holdings, Inc. today released trade volumes for the month of October 2014. In Market Making, KCG averaged $34.9 billion dollar volume traded, 5.4 billion shares traded, and 4.4 million trades per day in U.S. equities.

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  5. Federal appeals court sends 'naked short-sale' lawsuit back to N.J. state courtRead the original story w/Photo

    Wednesday Nov 12 | The Jersey Journal

    A lawsuit claiming that UBS, Knight Capital and others engaged in illegal "naked short-selling" of stock shares has been remanded back to New Jersey state court. A federal appeals court this week returned a lawsuit accusing major investment firms of racketeering and securities fraud to New Jersey state court.

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  6. Who Will Buy KCG's Hotspot?Read the original story w/Photo

    Monday Nov 3 | Barron's

    What is Hotspot? Hotspot is KCG's (ticker: KCG) dealer-to-client foreign-exchange-trading (FX) business that comprised 13% of disclosed industry FX volumes during the third quarter, up...

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  7. KCG Holdings posts loss on weak trading resultsRead the original story w/Photo

    Thursday Oct 30 | MarketWatch

    KCG Holdings Inc., which has reportedly been strained by internal concerns over its recent performance, reported a loss in the most recent quarter as slower retail trading activity weighed on results. "A number of factors coalesced to pressure revenues and revenue capture in U.S. equities during the quarter," Chief Executive Daniel Coleman said in a release.

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  8. Ex-traders seek $150M for startupRead the original story w/Photo

    Oct 21, 2014 | Crain's New York Business

    Bank of America Corp. traders who left as the lender dismantled their electronic market-making unit are attempting to recreate the business as an independent firm with former Knight Capital Group Inc. chief Tom Joyce. Gene Reilly, who departed as Bank of America's head of global market-making this year after the project was shuttered, is seeking about $150 million in funding for his New York-based startup, Arxis Capital, people with knowledge of the plan said, noting the amount could change.

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  9. BofA Refugees Said to Form Market Maker With Tom JoyceRead the original story

    Oct 21, 2014 | Bloomberg

    Bank of America Corp. traders who left as the lender dismantled their electronic market-making unit are attempting to recreate the business as an independent firm with former Knight Capital Group Inc. chief Tom Joyce. Gene Reilly, who departed as Bank of America's head of global market-making this year after the project was shuttered, is seeking about $150 million in funding for his New York-based startup, Arxis Capital, people with knowledge of the plan said, noting the amount could change.

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  10. KCG Releases September 2014 Trade VolumesRead the original story

    Oct 14, 2014 | PR-inside.com

    KCG RELEASES SEPTEMBER 2014 TRADE VOLUMES JERSEY CITY, N.J. - October 14, 2014 - KCG Holdings, Inc. today released trade volumes for the month of September 2014. In Market Making, KCG averaged $27.2 billion dollar volume traded, 6.1 billion shares traded, and 3.5 million trades per day in U.S. equities.

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  11. N.J. developer plans high-rises for Intracoastal, BeachesRead the original story w/Photo

    Oct 10, 2014 | Financial News & Daily Record

    ... g and retail. It broke ground on that project in May. Previously, Pasternak was the chairman and CEO of Knight Trading Group, a company he co-founded and ran from 1995-2002.

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  12. SEC Members Urge Including Brokers in Trading SafeguardsRead the original story

    Oct 5, 2014 | Bloomberg

    U.S. rules meant to guard against breakdowns in automated trading systems should be expanded to include brokerages that match orders away from regulated stock exchanges , two Securities and Exchange Commission members say. Luis A. Aguilar and Kara M. Stein, both Democrats, have called on SEC Chair Mary Jo White to apply the new requirements to wholesalers such as Citadel Securities LLC and KCG Holdings Inc. , which collectively execute as much as 19 percent of shares traded.

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  13. Why Knight Capital Was Saved And Lehman Brothers FailedRead the original story w/Photo

    Oct 3, 2014 | Seeking Alpha

    Don't believe me? Just compare the way Wall Street treated the travails of Knight Capital Group Inc. and its well-respected CEO Thomas Joyce to the way it watched, abetted and even enjoyed the slow, brutal demise of Bear Stearns and its CEO, Jimmy Cayne, and Lehman Brothers and its CEO, Dick Fuld. Knight, only a few days after incurring a self-inflicted $440 million technology-induced loss, not only was able to arrange an interim financing lifeline but a permanent equity infusion from six firms: Blackstone Group LP, TD Ameritrade, Jefferies Group, Stifel Financial Corp., Stephens and Getco LLC .

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  14. Japan's $617 Billion of Bad Orders Raises Broker ConcernRead the original story

    Oct 1, 2014 | Bloomberg

    The unleashing of 67.78 trillion yen of mistaken stock orders in Japan is reviving concern about the accountability of brokers overseeing trades in the world's second-biggest equity market. While the orders were canceled before being executed, averting losses for whoever placed them, they highlight the potential for catastrophe anytime someone gets details wrong with instructions to buy or sell securities.

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  15. That Japanese Fat Finger Can - Absolutely' Happen in U.S.Read the original story

    Oct 1, 2014 | Bloomberg

    A funny thing happened after Michael Lewis's book "Flash Boys" put the structure of the U.S. stock market under a microscope in March: The whole system ran pretty smoothly, at least compared with its recent past. Sure, the electronic cat-and-mouse trading game that Lewis called a "rigged" system and others called "market making" may not have changed much.

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  16. KCG Announces Third Quarter 2014 Earnings DateRead the original story

    Oct 1, 2014 | PR-inside.com

    KCG ANNOUNCES THIRD QUARTER 2014 EARNINGS DATE JERSEY CITY, N.J. - October 1, 2014 - KCG Holdings, Inc. will release third quarter 2014 financial results on Thursday, October 30, 2014 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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  17. KCG launches crossing venue for spot FX tradesRead the original story

    Sep 25, 2014 | Finextra Research news

    KCG Holdings, Inc. today announced HotSpot QT, a pure non-displayed crossing venue created by KCG HotSpot to help banks and institutions trade larger spot FX orders with minimal information leakage and market impact. HotSpot QT is a separate and distinct offering and liquidity pool from the traditional HotSpot FX platform.

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  18. KCG Hotspot Introduces Hotspot QT, a Non-Displayed Crossing Venue for Spot FXRead the original story

    Sep 24, 2014 | Hispanic Business

    DISPLAYED CROSSING VENUE FOR SPOT FX FX Liquidity pool allows counterparties to trade larger orders with minimal market impact today announced HotSpot QT, a pure non-displayed crossing venue created by KCG HotSpot to help banks and institutions trade larger spot FX orders with minimal information leakage and market impact. HotSpot QT is a separate and distinct offering and liquidity pool from the traditional HotSpot FX platform.

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  19. Expedia Inc (EXPE), Zynga Inc (ZNGA), KCG Holdings Inc. Class A...Read the original story w/Photo

    Sep 18, 2014 | Insider Monkey

    Destrier Capital Management is a hedge fund founded and managed by Michael Pollack , who is also an adjunct professor at New York University Stern School of Business. The fund last disclosed an equity portfolio, for the second quarter of 2014, worth more than $300 million.

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  20. Chinese E-commerce Juggernaut Alibaba Set to Boost IPO Price Despite High-frequency Trading ConcernsRead the original story

    Sep 15, 2014 | PR Log

    Edgar Perez, former McKinsey and IBM consultant, is a global expert, author of The Speed Traders, Knightmare on Wall Street, and the course director of The Speed Traders Workshop 2014 Singapore, "How Banks, Hedge and Mutual Funds and Brokers Battle.. PRLog - Sep. 16, 2014 - NEW YORK -- China's biggest e-commerce company plans to increase the top end of a marketed price range to just below $70, from $66 previously.

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