This content is from: Innovation
Knight Capital Merges Broker-Dealer Units
Knight Capital Group is seeking to merge its U.S. broker-dealer units.
Knight Capital Group is seeking to merge its U.S. broker-dealer units, Reuters reports. The U.S. electronic trading services provider will combine Knight Capital Markets and Knight Libertas with Knight Equity Markets and rename it Knight Capital Americas.
The New Jersey-based company will also merge Knight BondPoint and Knight Direct into Knight Clearing Services. The new unit will be renamed Knight Execution & Clearing Services.
Click here for the story from Reuters.
Click here for additional coverage from The Street.