This Slide: #63 of 100 |
Slide #63. Knight Capital Group — GETCO
Acquirer:
Knight Capital Group (KCG)
Acquiree:
GETCO
Details:
KCG Holdings, Inc. today announced the completion of the previously announced merger whereby Knight Capital Group, Inc. (NYSE: KCG) ("Knight") and GETCO Holding Company, LLC ("GETCO") have been combined as part of KCG Holdings, Inc., a new publicly traded holding company. The merger, which was announced on December 19, 2012, was approved by the respective stockholders and unitholders of both companies at special meetings held June 25, 2013.
KCG Holdings is an independent securities firm providing clients a range of services to address trading needs across asset classes, product types and time zones. As of Dec 31 2016, Co. had three operating segments: Market Making, which principally consists of market making in the cash, futures and options markets across global equities, options, fixed income, currencies and commodities; Global Execution Services, which provides execution services in global equities, options, futures and fixed income on behalf of institutions, banks and broker dealers; and Corporate and Other, which contains Co.'s investments, as well as houses executive management functions.
Open the KCG Page at The Online Investor »
|
Open the KCG Page at The Online Investor (in a new window) »
Free KCG Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |
Hold (2.00 out of 4) 38th percentile
(ranked lower than approx. 62% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |