Tag Archives: limits

Knight Capital Expects Final Bids Soon from Rival Trading Firms Getco LLC and Virtu Financial LLC

Knight Capital expects to make a decision on its future ownership by early next week, according to people familiar with the matter. Rival trading firms Getco LLC and Virtu Financial LLC, which have submitted bids to buy the Jersey City, N.J., … Continue reading

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“Kill Switch” Proposal Gaining Strength as Trading Firms, Exchanges and Investors Meet with SEC Officials

The SEC Market Trading Technology Roundtable, which took place in Washington, has already generated a very rare joint letter by the major stock exchanges that proposes creating a “kill switch” in an effort to control runaway algorithms, among other issues. … Continue reading

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