Difference between revisions of "KCG Holdings Inc. (KCG)"

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KCG Holdings Inc. (KCG) is the name given to the former [[Knight Capital Group]] after it was acquired by [[GETCO]] in the summer of 2013 for $1.4 billion. KCG is the merged entity. The company offers trade execution to broker-dealers and institutional investors across all capital markets. It also owns a majority stake in hedge fund manager Deephaven Holdings.  
 
KCG Holdings Inc. (KCG) is the name given to the former [[Knight Capital Group]] after it was acquired by [[GETCO]] in the summer of 2013 for $1.4 billion. KCG is the merged entity. The company offers trade execution to broker-dealers and institutional investors across all capital markets. It also owns a majority stake in hedge fund manager Deephaven Holdings.  
  
In June 2013, right before the GETCO acquisition, Knight Capital acquired the futures division of [[Penson Financial Services, Inc.]], a subsidiary of Penson Worldwide, Inc., and renamed it KCG Futures. Through this acquisition, Knight also assumed Penson's seats and memberships at exchanges including: CBOT, KCBOT, NYSE Euronext and Eurex.
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In June 2013, right before the GETCO acquisition, Knight Capital acquired the futures division of [[Penson Financial Services]], a subsidiary of [[Penson Worldwide, Inc.]], and renamed it KCG Futures. Through this acquisition, Knight also assumed Penson's seats and memberships at exchanges including: [[CBOT]], [[KCBOT]], [[NYSE Euronext]] and [[Eurex]].
  
 
== History ==
 
== History ==

Revision as of 14:04, 5 March 2014

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KCG Holdings Inc. (KCG) is the name given to the former Knight Capital Group after it was acquired by GETCO in the summer of 2013 for $1.4 billion. KCG is the merged entity. The company offers trade execution to broker-dealers and institutional investors across all capital markets. It also owns a majority stake in hedge fund manager Deephaven Holdings.

In June 2013, right before the GETCO acquisition, Knight Capital acquired the futures division of Penson Financial Services, a subsidiary of Penson Worldwide, Inc., and renamed it KCG Futures. Through this acquisition, Knight also assumed Penson's seats and memberships at exchanges including: CBOT, KCBOT, NYSE Euronext and Eurex.

History

Products and Services

Key People

References