 | |
| Company type | Subsidiary |
|---|---|
| NYSE: KCG | |
| Industry | Financial services |
| Founded | 2013 from merger of Knight Capital Group and Getco LLC |
| Headquarters | New York City, New York, United States |
Key people | Daniel Coleman, Chief Executive Officer |
| Products | Market making and trading |
| Revenue |  US$ 1.45 billion (2016) [1] |
 US$ 61.1 million (2014)[2] | |
| Total assets | US$ 6.830 billion (2014)[2] |
| Total equity | US$ 1.522 billion (2014)[2] |
Number of employees | 1,093 (2014)[2] |
| Parent | Virtu Financial |
| Subsidiaries | NetDelta LLC |
| Website | www.kcg.com |
KCG Holdings, Inc. was an American global financial services firm engaging in market making, high-frequency trading, electronic execution, and institutional sales and trading.[3] The company was formed on July 1, 2013, upon the completion of the merger between Knight Capital Group, Inc. and GETCO Holding Company, LLC.[4] Global growth equity firm General Atlantic, who had a 25% stake in GETCO, made an additional equity investment at the time of the merger. Rene Kern, managing director at General Atlantic joined the board of directors[5]
On April 20, 2017, KCG announced that it had agreed to be acquired by Virtu Financial for $20 per share in cash in a deal valued at approximately $1.4 billion.[6][7]
- ^ Company profile dnb.com
- ^ a b c d "KCG - Press Release". KCG Holdings, Inc.
- ^ "About Us | KCG". Retrieved 2013-07-10.
- ^ "Knight Capital Group And GETCO Complete Merger". news.kcg.com. KCG Holdings.
- ^ "GETCO to Acquire Knight Capital (KCG) for $3.75/Share in Cash and Stock". Street Insider. Retrieved 16 December 2015.
- ^ Shankar, Sruthi. "Virtu Financial is buying KCG Holdings for $1.4 billion". Business Insider. Retrieved 2020-08-06.
- ^ "Trading firm Virtu Financial to buy KCG for about $1.4 billion". Reuters. 2017-04-20. Retrieved 2020-08-06.