Getco

11 results about this entity

Period: 12 Feb 2010 - 19 Dec 2012

Getco emerges as victor in Knight Capital bid battle

Getco has emerged as the winner in a two-way bidding war to take over Knight Capital, beating out rival Virtu with an improved £1.2 billion cash and shares offer.

Getco makes Knight Capital bid

High Frequency trading firm Getco has made a $3.50 a share offer for Knight Capital Group, which it helped rescue from bankruptcy over the summer.

Getco fined $450k over lax HFT supervision

The broker-dealer unit of Getco has been fined $450,000 for failing to properly supervise its high-frequency trading.

Goldman Sachs and Morgan Stanley buy Chi-X Global stakes

A group of five financial institutions, including Goldman Sachs and BofA Merrill Lynch, have acquired minority stakes in Chi-X Global, which operates trading platforms in Canada and Japan.

LSE offers no objection to Bats-Chi-X merger

The London Stock Exchange (LSE) has offered the UK Competition Commission no objections to the proposed merger between Bats Europe and Chi-X Europe, arguing that, if needed, a new player could quickly be established.

European proprietary trading lobby group established

A group of proprietary trading firms have set up a European lobby group as they prepare for greater regulatory scrutiny of high-frequency trading.

Chi-X Global in stake sale talks; LSE/TMX mull Ontario panel report

Chi-X Global is in advanced talks with four trading firms and banks to take a minority stake in the alternative share trading platform operator reports the FT, citing "three people familiar with the matter".

Chicago to take on Wall Street with new exchange for interest rate swaps - FT

Five Chicago dealers have teamed up with the Chicago Mercantile Exchange to launch a new interest rate swaps trading platform in anticipation of financial reform measures designed to push over-the-counter derivatives trading to exchange-based systems.

SEC staffer's move to Getco prompts review of 'revolving door'

A US Senator has called on the Securities and Exchange Commission to review its "revolving door" policy, which sees many senior staffers leave for jobs with firms they once regulated.

FSA slaps £4.2 million fines on three firms for transaction reporting breaches

The Financial Services Authority (FSA) has fined Credit Suisse, Getco and Instinet a total of £4.2 million for transaction reporting failures.

High speed trader Getco takes up new position on Nyse trading floor

High speed trading firm Getco is set to go back to the future by taking up a position on the floor of the New York Stock Exchange as a designated market maker (DMM).