Knight Capital Group in crisis after $440m trading loss – The Guardian


The Guardian

Knight Capital Group in crisis after $440m trading loss
The Guardian
Knight Capital Group Inc is fighting for its survival after a $440 million (£283m) trading loss caused by a software glitch which has wiped out much of its capital, forcing Knight to seek new funding as its shares plunged as much as 80% in two days.
Knight Capital shares sink 57% after $440M lossMarketWatch
Knight Capital's future in balance after trading disasterEconomic Times
Joyce Faces Knight Extinction After Computers Wipe Out ProfitSan Francisco Chronicle
Fairfield Daily Republic –Reuters –Wall Street Journal
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