Knight Trading Group Newswire

Comprehensive Real-Time News Feed for Knight Trading Group.

Results 1 - 20 of 81 in Knight Trading Group

  1. KCG Holdings Swings to ProfitRead the original story w/Photo

    9 hrs ago | Wall Street Journal

    KCG Holdings Inc. swung to a profit in the fourth quarter, as market volatility spurred trading volume, especially in equities. KCG was formed when Knight Capital Group Inc. merged with GETCO Holding Co.

    Comment?

  2. KCG swings to profit as trading volume risesRead the original story w/Photo

    9 hrs ago | MarketWatch

    KCG Holdings Inc. swung to a profit in the fourth quarter, as market volatility spurred trading volume, especially in equities. KCG was formed when Knight Capital Group Inc. merged with GETCO Holding Co.

    Comment?

  3. 's M&A Chatter for Wednesday January 28, 2015Read the original story w/Photo

    Yesterday | Benzinga

    The Deal : TE Connectivity Ltd. announced Wednesday, it has agreed to sell its Broadband Network Solutions business unit to CommScope for $3.0 billion. The Wall Street Journal reported on Monday that the two companies were close to a deal.

    Comment?

  4. BATS Global signs $365M deal to buy spot foreign exchange firmRead the original story w/Photo

    Wednesday | Business Journal

    BATS Global Markets soon will be a player in the foreign exchange market, after signing an agreement to acquire Hotspot FX for $365 million in cash. The foreign exchange market is huge business, with turnover around the world worth an estimated $5.3 trillion in 2013.

    Comment?

  5. KCG Announces Sale of KCG Hotspot to Bats Global MarketsRead the original story

    Wednesday | PR-inside.com

    KCG ANNOUNCES SALE OF KCG HOTSPOT TO BATS GLOBAL MARKETS Transaction is expected to increase KCG's tangible book value by approximately $2.00 per share JERSEY CITY, New Jersey - January 28, 2015 - KCG Holdings, Inc. today announced it has entered into a definitive agreement to sell KCG's spot FX trading venue, KCG Hotspot, to BATS Global Markets. The transaction is expected to be completed in the second quarter of 2015.

    Comment?

  6. FXCM Reports An Account Loss Of 3%, Leucadia Tightens Its Grip On The CompanyRead the original story w/Photo

    Sunday Jan 25 | Seeking Alpha

    FXCM reported a loss of 3% of its tradeable accounts while trading on its platform remains quite robust since the Swiss franc shock. Additional disclosures in the latest 8K provide language that improves the attractiveness of FXCM's rescue deal for lender Leucadia.

    Comment?

  7. Holiday Bell: 1.19.15Read the original story w/Photo

    Tuesday Jan 20 | Dealbreaker

    Fed Officials on Track to Raise Short-Term Rates Later in the Year Federal Reserve officials are staying on track to start raising short-term interest rates later this year, even though long-term rates are going in the other direction amid new investor worries about weak global growth, falling oil prices and slowing consumer price inflation. The Fed's stance, as it prepares for a policy meeting later this month, is striking because European Central Bank officials are poised to take the opposite approach later this week.

    Comment?

  8. Leucadia And FXCM: Is This Knight Capital Re-Visited?Read the original story w/Photo

    Monday Jan 19 | Seeking Alpha

    On January 16, foreign currency trader FXCM got caught on the wrong side of a currency trade and their stock was halted. The trade was the Swiss Franc, a currency held down for the past three years by interventions of the Swiss National Bank.

    Comment?

  9. Don't Rush To Dive Back Into FXCMRead the original story w/Photo

    Monday Jan 19 | Seeking Alpha

    Equity holders lost more than 90% until after hours, when FXCM resumed post-bailout trading in the mid $4 region. FXCM never wound up reopening for trading on Friday of last week, where the company came out and said that they had experienced "significant losses" and that they generated negative equity balances approaching $225M.

    Comment?

  10. FXCM Gets $300 Million From Leucadia to Withstand LossesRead the original story

    Friday Jan 16 | The Washington Post

    Leucadia, which owns New York-based investment bank Jefferies Group, extended FXCM a two-year, $300 million senior secured term loan with an initial coupon of 10 percent, according to a statement Friday. The transaction allows FXCM, the largest U.S. retail foreign-exchange broker, to "continue normal operations," according to the statement.

    Comment?

  11. KCG Releases December 2014 Trade VolumesRead the original story

    Thursday Jan 15 | PR-inside.com

    KCG RELEASES DECEMBER 2014 TRADE VOLUMES JERSEY CITY, N.J. - January 15, 2015 - KCG Holdings, Inc. today released trade volumes for the month of December 2014. In Market Making, KCG averaged $30.1 billion dollar volume traded, 5.1 billion shares traded, and 3.9 million trades per day in U.S. equities.

    Comment?

  12. Maker of fantasy sports app HotRoster parts ways with CEORead the original story w/Photo

    Wednesday Jan 14 | Business Journal

    Game Sports Network, the startup funded by senior gaming and financial industry professionals to build a white-label daily fantasy sports app for casinos , has lost its chief executive. Chuck Goldman quit in late December after a disagreement over expansion into new markets, chief financial officer and partner Dan Orlow said.

    Comment?

  13. KCP names Parratt CFORead the original story w/Photo

    Friday Jan 9 | The Jersey Journal

    Knight Capital Group , a Jersey-City based financial trading firm, has named Stephen Parratt is its Chief Financial Officer , company officials announced, according to a report from NJBIZ. Company officials said Parratt's position as CFO takes effect immediately, and he replaces Sean Galvin, who had been KCG's interim CFO.

    Comment?

  14. Jersey City's KCG financial firm announces it has named Steffen Parratt as its new CFORead the original story w/Photo

    Thursday Jan 8 | NJ.com

    Google Screenshot of the Knight Captial Group financial firm, located on the 3rd floor at 545 Washington Rd., Jersey City. KCG recently announced that is has named Steffen Parratt as its new Chief Financial Officer .

    Comment?

  15. Clearpool launches Iris to improve equity trading efficiencyRead the original story

    Wednesday Jan 7 | Finextra Research news

    Clearpool Group today announced the roll-out of Iris, technology designed to transform how orders are handled electronically to improve liquidity interaction and fill rates. Iris aggregates orders to elevate their prioritization in a venue's execution queue, giving clients trading through Clearpool Execution Services, an independent agency broker-dealer, the opportunity to derive a better quality print.

    Comment?

  16. Clearpool Releases Iris Technology to Meet Needs of Evolving Equities MarketRead the original story w/Photo

    Wednesday Jan 7 | Wall Street and Tech

    Clearpool Execution Services will use Iris technology to improve the way institutional orders are handled and prioritized in different execution venues. Many people are talking about potential changes to US equity market structure, but few are suggesting what this means for the next generation of software development and trading tools.

    Comment?

  17. KCG Appoints Steffen Parratt as Chief Financial OfficerRead the original story

    Tuesday Jan 6 | PR-inside.com

    January 6, 2015 - KCG Holdings, Inc. today announced that Steffen Parratt has been appointed as the company's Chief Financial Officer, effective immediately. He assumes the role from Sean Galvin, KCG's Interim CFO, following an executive search.

    Comment?

  18. KCG Announces Fourth Quarter 2014 Earnings DateRead the original story

    Friday Jan 2 | PR-inside.com

    KCG ANNOUNCES FOURTH QUARTER 2014 EARNINGS DATE JERSEY CITY, N.J. - January 2, 2015 - KCG Holdings, Inc. will release fourth quarter 2014 financial results on Friday, January 30, 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.

    Comment?

  19. NYSE parent proposes reforms to shift action from 'dark pools' to exchangesRead the original story w/Photo

    Dec 18, 2014 | Business Journal

    Intercontinental Exchange, owner of the New York Stock Exchange, is working on a proposal that would dramatically alter how the industry treats so-called "dark pools". The NYSE plan would encourage more trading on exchanges , rather than the pools, mainly by cutting exchange trading fees, Bloomberg explained.

    Comment?

  20. KCG Europe Loses Electrical Power Offices in London OfficeRead the original story w/Photo

    Dec 15, 2014 | Wall Street Journal

    KCG Holdings Inc. lost power in its main London building on Monday, causing customers to route orders away from the firm for more than three hours. KCG told traders just before 2 p.m. local time in London that it lost power in its London offices and was running on backup power, according to a note to customers reviewed by The Wall Street Journal.

    Comment?