03 Aug '12, 12am

Knight Capital: A prelude to electronic trading Armageddon?

As one of the leading market makers in U.S. stocks, Knight is among the firms that are critical to smooth, orderly trading. Market makers match orders from buyers and sellers and often provide liquidity by stepping into the market themselves. The speed at which Knight has unraveled has been particularly unnerving for investors and markets. It resulted from problems with the firm’s trading software that sent bogus, rapid-fire trades into the market for 45 minutes on Wednesday and left Knight with big losses on numerous stocks it bought at inflated prices. Knight is in talks with Silver Lake Partners-backed trading firm Virtu Financial LLC about a possible deal, according to The Wall Street Journal. Knight has approached JPMorgan Chase & Co for financing, according to a report on Fox Business Network. A spokesman for JPMorgan declined to comment. Spokeswomen for both Knight ...

Full article: http://www.investmentmoats.com/stock-market-commentary/kn...

Tweets

Knight Capital: A prelude to electronic trading...

thefinance.sg 03 Aug '12, 8am

As one of the leading market makers in U.S. stocks, Knight is among the firms that are critical to smooth, orderly trading...

The Dark Knight Rises: and so must We: Is The Dark Knight Rises a typical anti-socialist Hollywood film, or is i...

The Dark Knight Rises: and so must We: Is The D...

loyarburok.com 03 Aug '12, 8am

Throughout the film, Nolan’s anti-socialist plot is strangely pulled back by the odd one-liner that seems to sting you lik...

[FILM REVIEW] This Dark Knight may be flawed, but it's still one helluva ride:

[FILM REVIEW] This Dark Knight may be flawed, b...

is.asia-city.com 05 Aug '12, 9am

First, the bad news: At almost three hours long and with a convoluted plot that tries it darnedest to flashback to everyth...

Clean Power Finance Launches CPF Capital & Trading Service - Green Building Elements

Clean Power Finance Launches CPF Capital & Trad...

greenbuildingelements.com 01 Aug '12, 3pm

Several states, including New Jersey and Massachusetts, have attractive solar carve-out programs with SREC values that can...

"Zombie Software" Blamed for Knight Capital Tra...

spectrum.ieee.org 15 Aug '12, 7pm

A Bloomberg News story yesterday shed a bit more insight into what caused the uncontrolled electronic trading by the marke...

Cheap, Pressure-Sensing ‘Electronic Skin’: Seou...

spectrum.ieee.org 03 Aug '12, 5pm

In a series of demonstrations (published in Nature Materials ), scientists at Seoul National University’s Multiscale Biomi...

New blog post: Fall's Prelude I launched!

New blog post: Fall's Prelude I launched!

singaporesales.sg 15 Aug '12, 11am

A casual-chic tank with owl print on one side and floral print on the other. Comes in white/pink and teal/black. A classic...