Finance Geek

Follow The Daily Ticker on Facebook! Wall Street’s latest disaster is the trading firm Knight Capital (KCG), which somehow managed to lose hundreds of millions of dollars in a half hour last week from a “software glitch”–a capital loss that almost destroyed it. Knight has now received an emergency investment of $400 million from a [...]

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This entry was posted on Monday, August 6th, 2012 at 8:04 am and is filed under Yahoo Tech Ticker. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.