Under the new deal, Knight and Getco will combine into a new publicly traded company. Knight shareholders other than Getco will have the right to pick either $3.75 per share in cash or one share of ...

Four months after a major software malfunction at Knight Capital Group roiled markets and threatened the company's survival, a rival trading firm stepped in with an offer to buy Knight at a steep ...

CHICAGO — Getco LLC on Wednesday said it plans to expand its New York Stock Exchange floor-trading business as part of a long-range plan by the Chicago-based trading firm to build a client base of ...

GETCO, which began as a prop shop, intends to use Knight Capital Group’s wholesaling connections along with large retail order flow to become a trading superpower. That, it hopes, will make it a ...

Transformers and Rectifiers said it has already supplied 24 Transformers and one Reactor to GETCO under the said Contract.

The proposed deal, unanimously approved by Getco's board, values Knight at around $1.4-8 billion, including debt. Under the merged company, Getco CEO Daniel Coleman would take over as CEO and a board ...

Getco made public on Wednesday a $539 million offer to take full control of Knight Capital Group (NYSE:KCG), but rival Virtu is poised to submit its own bid for the market maker. The cash-and-stock ...

(Reuters) - Knight Capital Group Inc , which nearly collapsed in August following a software glitch, is being bought by rival automated trading firm Getco Holding Co in a cash-and-stock transaction ...

As expected, current Getco CEO Daniel Coleman will lead the company, while Knight CEO Thomas Joyce is to serve as executive chairman of the board of directors. The bulk of the management hierarchy ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Getco, the pioneering US high-frequency market-making firm, is for the first time making its proprietary ...