Αποτελέσματα Αναζήτησης
The errant software sent Knight on a buying spree, snapping up 150 different stocks at a total cost of around $7 billion, all in the first hour of trading. Under stock exchange rules, Knight would have been required to pay for those shares three days later.
3 Αυγ 2012 · (Reuters) - The software glitch that cost Knight Capital Group $440 million in just 45 minutes reveals the deep fault lines in stock markets that are increasingly dominated by sophisticated...
16 Οκτ 2013 · The Securities and Exchange Commission today announced that Knight Capital Americas LLC has agreed to pay $12 million to settle charges that it violated the agency’s market access rule in connection with the firm’s Aug. 1, 2012 trading incident that disrupted the markets.
The complaint against the trading group and its former CEO, Kenneth Pasternak, alleges that the company overstepped numerous trading rules. Mike Dorsey, Knight's legal counsel, argued that the accusations were unwarranted when Stellato came before him and Pasternak.
5 Αυγ 2018 · On August 1, 2012, Knight Capital Group LLC (“Knight”), a leading financial market maker, experienced a major failure in the operation of its automated routing system for US equity orders.
Knight Securities, L.P. (“Knight” or “Firm”), a registered broker-dealer, and the defendants engaged in a fraudulent scheme designed to conceal from their institutional customers the manner in which they were working their orders.
Knight, engaged in a pattern of conduct, sometimes referred to as “scalping,” in which they recommended the purchase of a particular stock without disclosing their intent to sell that stock. They generally executed their scheme in three phases.
