 | |
| Company type | Subsidiary |
|---|---|
| NYSE: KCG, until July 1, 2013 | |
| Industry | Financial services |
| Founded | 1995 |
| Fate | Acquired by Getco LLC in 2013, forming KCG Holdings |
| Headquarters | Jersey City, New Jersey, United States |
Key people | Thomas Joyce, chairman and chief executive officer |
| Products | Market making and trading |
| Revenue | $1.404 billion USD (2011) |
| $115.2 million USD (2011) | |
Number of employees | 1,418 (2012) |
| Website | www.knight.com |
The Knight Capital Group was an American global financial services firm engaging in market making, electronic execution, and institutional sales and trading.[1] With its high-frequency trading algorithms Knight was the largest trader in U.S. equities, with a market share of 17.3% on NYSE and 16.9% on NASDAQ.[2] The company agreed to be acquired by Getco LLC in December 2012 after an August 2012 trading error lost $460 million. The merger was completed in July 2013, forming KCG Holdings.
- ^ "Form 10-K". www.sec.gov.
- ^ Knight Liquidity Statistics Archived 2012-06-09 at the Wayback Machine