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Market Overview

Shawn Matthews

  • AMTD, BX, Cantor Fitzgerald, Getco LLC, JEF, KCG

    Knight Capital Plummets on Refinancing

    Monday, August 6, 2012 - 10:29am

    Knight Capital (NYSE: KCG) shares fell approximately 25 percent in early trading Monday after the company announced rescue financing that will shore up its books at a steep price. This announcement followed $440 million of errant trading losses last week. Investing firms in the market maker will...

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